June 23 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. (on.wsj.com/1qDBeVn)
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
Bloomberg reported last week that the companies were in
Oracle and Micros Systems could not be immediately reached
for comment outside regular U.S. business hours.
(Reporting by Supriya Kurane in Bangalore; Editing by Sunil