Home / M&A Activity / Oracle Closes Buy of MICROS Systems; Mike Webster Comments

Oracle Closes Buy of MICROS Systems; Mike Webster Comments

acquisitionOracle Corp. (NYSE: ORCL) has established a new hospitality global business unit after the company completed the acquisition of MICROS Systems (NASDAQ: MCRS) for an undisclosed amount.

Mike Webster, senior vice president and general manager of Oracle retail and hospitality sector, will lead the newly formed business unit, the company said Monday.

“Together, Oracle and MICROS will help Hospitality and Retail companies respond to rapidly evolving customer expectations, increase revenue, and drive operational improvements with complete, open and integrated solutions, ” said Webster.

“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, ” he added.


Check Also

MicroTechnologies to Help Manage Air Combat Command Comm Systems Under $160M Contract

MicroTechnologies has landed a potential five-year, $160M contract to help the Air Combat Command operate and maintain communication systems installed at air operations centers.

Matthew Reeves Promoted to DHS Sector VP at Steampunk

Matthew Reeves, a project management professional with government information technology market experience, has been promoted to vice president of Department of Homeland Security sector operations at Steampunk, G2XChange ETC reported Friday.