Oracle Buys Mini Me In $5.3 Billion Micros Deal - InformationWeek
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6/23/2014
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Oracle Buys Mini Me In $5.3 Billion Micros Deal

Oracle nabs a software and hardware kingpin in hospitality and retail, but it won't do much for cloud growth.

Restaurants, hotels, cruise lines, casinos, and retailers are among Micros's biggest customers.
Restaurants, hotels, cruise lines, casinos, and retailers are among Micros's biggest customers.

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D. Henschen
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D. Henschen,
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6/23/2014 | 5:54:08 PM
Re: Larry Ellison's pinky is next to his lips.... "$1.2 billion in revenue"
$38.2 billion in revenue for Oracle vs. $1.2 billion for Micros makes it a "mini" if the "me" is Oracle.
Lorna Garey
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Lorna Garey,
User Rank: Author
6/23/2014 | 5:22:39 PM
Re: Larry Ellison's pinky is next to his lips.... "$1.2 billion in revenue"
Seems like more of the same Oracle focus on buying expertise in specific verticals. I read that Micros has more than 6,000 employees. Not so "mini" in reality.
Laurianne
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Laurianne,
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6/23/2014 | 3:26:28 PM
Micros
Micros has some big-name customers, for a company many people may not have heard of before today.
D. Henschen
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D. Henschen,
User Rank: Author
6/23/2014 | 1:09:24 PM
Larry Ellison's pinky is next to his lips.... "$1.2 billion in revenue"
Micros CEO Peter Altabef has his pinky next to his lips, too... "$5.3 billion dollars. Bwahaha!"

Micros competitor Jason Richelson, CEO of Shopkeep, comments "...independent retailers and restaurants need real, cloud-based tools to compete... Micros doesn't do cloud computing, it does hosting."

 
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