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The tech giant Oracle is currently conducting negotiations for acquisition of the company Micros Systems, say the latest data compiled by Bloomberg. According to unconfirmed reports the financial details of the deal are expected to reach levels of over $5 billion is curious if she really make this happen will be the most expensive purchase for Oracle in the past five years after the acquisition of Sun Microsystems for $5.7 billion.

Micros Systems currently has over 4600 employees and revenue last year reached $1.26 billion, a 14.5% increase compared to 2012. The company develops software and hardware solutions for many commercial organizations, restaurants and hotels, which are used by over 500 thousand sites. Oracle tried unsuccessfully to buy Micros Systems six years ago, when negotiations broke down at the last minute.

The company plans to significantly expand the impact of its cloud services and only a month ago introduced its new product Marketing Cloud, which complements the Cloud Marketplace, which debuted in September. It is expected that the acquisition of Micros Systems to enhance the position of the technology giant in the industry, and as allowed to enter new market niches. We shall see how long it will continue talks between the two countries, while witness the official announcement of the transaction.

https://i0.wp.com/szlifestyle.com/sz/wp-content/uploads/2014/06/sz_Oracle-.jpg?fit=974%2C531https://i0.wp.com/szlifestyle.com/sz/wp-content/uploads/2014/06/sz_Oracle-.jpg?resize=150%2C150Nicolas T.TECH NEWSOracleThe tech giant Oracle is currently conducting negotiations for acquisition of the company Micros Systems, say the latest data compiled by Bloomberg. According to unconfirmed reports the financial details of the deal are expected to reach levels of over $5 billion is curious if she really make this happen...