X

Oracle buys Micros System for $5,3 billion

FIRST online

FIRSTonline editorial team

Oracle's acquisition of Micros Systems is now done. This was announced by the Californian software giant itself, which is trying to boost its growth in this way, with an operation worth 5,3 billion dollars. In fact, shareholders of Micros, a company that produces software for hotels and restaurants, will receive $68 in cash per share, with a premium of 3,4% on last Friday's closing price.

For Oracle this is the largest acquisition since the acquisition of Sun Microsystems in 2009 for 5,6 billion dollars.
Related Post
  1. Stock market closes May 10th: Piazza Affari, queen of Europe. Three drivers: Diasorin, Leonardo and Enel

    Stock prices are all on the rise in both Europe and America, but Milan shines…

  2. Btp Valore, new success: the Treasury raises 11,2 billion

    The fourth placement closed with over 11 billion raised and almost 390 thousand contracts.…

  3. Terna approves the 2023 budget and a dividend of 33,96 cents per share

    In addition to approving the company's accounts for 2023 and the dividend, the meeting gave the…

  4. Iveco rallies on Piazza Affari after accounts above expectations: net profit doubles and EBIT rises by 38%

    Although consolidated revenues remained stable, Iveco exceeded the market consensus. The useful…

  5. Bff Bank: the stock loses 32% on the stock market. Escape after the Bank of Italy inspection and the freezing of dividends

    Bankitalia, after a long inspection in the offices of the company that deals with pro credits…

  6. Unipol, profit rises to 363 million with the contribution from the banks, profitability also grows

    Direct insurance premiums rose by 9,8% to 4,2. The Non-Life business increased by 8,7% to…

  7. Mediobanca: profits boom in the nine months (+20%), revenues rise to 2,6 billion (+9%). Nagel: “Excellent results”

    Nine months of strong growth for Mediobanca which closed the period with "results at the highest…

  8. Pirelli: operating result improves in the first quarter of 2024, revenues stable, profits falling due to hyperinflation. Targets confirmed

    In the first quarter, Pirelli's net profit amounted to 100,4 million. Results go up…

  9. Stock market in positive territory on May 10th. Watch out for Leonardo. Last day for BTP Valore

    Weak data on the US labor market give rise to hope for the next job cuts…

  10. Enel, in the first quarter of 2024 profit soars to 2,2 billion and ebitda breaks through 6 billion

    Despite the decrease in revenues, Enel reported a notable improvement in profitability and…

  11. Stock market closes May 9th: Europe does better than Wall Street but the Spanish government rejects the BBVA takeover bid which sinks

    The stock markets rebound and Milan also recovers despite the slowdown of the banks. Bad…

  12. Luxury in swing and France at three speeds with Kering, LVMH and Hermès. The future will depend on China

    The negative performance in Asia and China in particular sends the accounts into the red…

Categories: Finance and Markets
Tags: Oracle
Leave a Comment