▲ Up
 
04:47 23-01-2017
MAIN АКИpress CA-News
About us On-line subscription
KazakhstanKyrgyzstanMongoliaTajikistanTurkmenistanUzbekistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
Oracle nears $5 billion deal for Micros Systems: WSJ
12:12, 23 June 2014, 642

AKIPRESS.COM - oracle Oracle Corp is likely to buy Micros Systems in a $5 billion deal, expected to be announced as early as Monday morning, the Wall Street Journal reported, citing a person familiar with the matter.

The takeover would value Micros at more than $67 a share, the newspaper said.

Micros Systems makes point-of-sale hardware and software for restaurants and hotels. Oracle has been rolling out its own cloud-based products and acquiring smaller cloud companies such as marketing software maker Responsys Inc.

The deal, if confirmed, would be Oracle's largest acquisition since it bought Sun Microsystems for $5.6 billion in 2009.

Bloomberg reported last week that the companies were in exclusive talks.

Oracle and Micros Systems could not be immediately reached for comment outside regular U.S. business hours.


Twitterfacebookprint
LATEST NEWS
16:34 Belarus plans to exchange space information with Kazakhstan16:05 Kyrgyz Customs Service collects customs duties for 2.8 billion soms less in 2016 than planned15:45 Kazakhstan orders new curbs on Internet use14:51 Clearing of cargo plane crash scene ongoing outside Bishkek14:08 Turkmenistan eyes export of electricity via Afghanistan13:48 Foreign Ministry highlights changes in Kyrgyz student visa procedures for domestic universities13:31 Kazakhstan confirms H5 bird flu in wild swans13:27 US beef master class showcases alternative cuts for Uzbekistan chefs13:24 Over 19 million soms transferred in donations to special account for plane crash victims13:18 Pioneering clinical trial for drug-resistant tuberculosis starts in Uzbekistan12:49 Ten pulled alive from avalanche hotel in Italy after snow created 'igloo'12:43 Police injured, more than 200 arrested at Trump inauguration protests in DC12:36 President Atambayev tasks Emergency Ministry to focus on support to be provided to families of plane crash victims12:27 Proposed railway from China to Uzbekistan to link Kyrgyzstan's north and south12:17 Preliminary analysis of unsealed flight data recorder finds air accident information12:00 Visit of IMF 'rescue' team to Mongolia delayed11:59 President Atambayev offers condolences to Iran over deadly fire, collapse of Tehran high-rise building11:31 Mongolia to increase its gold reserves11:24 EBRD designates Bishkek as hub for Central Asia – Regional Director11:04 Trump pursues 'new vision' on first day as president
© AKIpress News Agency - 2001-2017. All rights reserved
Republication of any material is prohibited without a written agreement with AKIpress News Agency. Any citation must be accompanied by a hyperlink to akipress.com.
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)90-07-75