Five Minute Briefing - Information Management
June 23, 2014
Five Minute Briefing - Information Management: June 23, 2014. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
MICROS Systems, Inc., a provider of information technology solutions for the hospitality and retail industries, has entered into a definitive agreement to be acquired by Oracle. The transaction is expected to close in the second half of 2014, with a purchase price that represents a fully-diluted equity value of approximately $5.3 billion, or $4.6 billion net of cash.