Menu
Oracle completes Micros acquisition, forms new global business unit

Oracle completes Micros acquisition, forms new global business unit

Oracle makes a big push into hospitality and retail with the addition of Micros

Oracle has wrapped up its US$5.3 billion acquisition of Micros, maker of hardware and software for the hospitality industry, in its biggest deal since the purchase of Sun Microsystems in 2010.

Micros will form the basis for a new global business unit at Oracle focused on hotels, food and beverage, and retailers, led by Mike Webster, who is now head of Oracle's retail business unit.

"Our customers will appreciate our deep domain expertise across both Retail and Hospitality as we deliver mission-critical solutions to solve our customers' most important business initiatives," Webster said in a statement.

Oracle first announced the Micros acquisition in June. Micros develops sells software, point-of-sale hardware systems and other products to its customer bases. It has more than 6,600 employees and its products are in use at more than 330,000 sites around the world, according to an Oracle FAQ document.

Oracle plans to increase investments in research and development for Micros's products. Customers "will also benefit from better integration and alignment with Oracle's other product offerings," according to the FAQ.

Micros and Oracle already have a number joint customers, including hotel chains Hyatt and Accor, according to a presentation document.

With the addition of Micros, Oracle will increase its top-line revenue and have new opportunities to cross-sell its products to the Micros installed base. It can also pick up brand-new customers, given that many hotel and restaurant chains are looking to replace aging systems.

In addition, Oracle can look to pair its portfolio of data-analysis technology with the vast amounts of information flowing through Micros POS systems and applications, thereby generating insights into customer behaviors, likes and dislikes, and the relative performance of products and services.

Chris Kanaracus covers enterprise software and general technology breaking news for The IDG News Service. Chris' email address is Chris_Kanaracus@idg.com


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Mergers and acquisitionsOraclebusiness issuessoftwareapplicationshardware systemsindustry verticalsMicros

Featured

Slideshows

Meet the leading female front runners of the Kiwi channel

Meet the leading female front runners of the Kiwi channel

Reseller News honoured the leading female front runners of the New Zealand channel at the 2018 Women in ICT Awards (WIICTA) in Auckland. The awards honoured standout individuals across seven categories, spanning Entrepreneur; Innovation; Rising Star; Shining Star; Community; Technical and Achievement.

Meet the leading female front runners of the Kiwi channel
Meet the top performing customer-centric Microsoft channel partners

Meet the top performing customer-centric Microsoft channel partners

Microsoft honoured leading partners across the channel following a year of customer innovation and market growth in New Zealand. The 2018 Microsoft Partner Awards recognised excellence within the context of the end-user, spanning a host of emerging and established providers.

Meet the top performing customer-centric Microsoft channel partners
Reseller News launches new-look Awards at 2018 Judges’ Lunch

Reseller News launches new-look Awards at 2018 Judges’ Lunch

Introducing the Reseller News Innovation Awards, launched to the channel at the 2018 Judges’ Lunch in Auckland. With more than 70 judges now part of the voting panel, the new-look awards will reflect the changing dynamics of the channel, recognising excellence across customer value and innovation - spanning start-ups, partners, distributors and vendors.

Reseller News launches new-look Awards at 2018 Judges’ Lunch
Show Comments