Search Results for: Oracle

Oracle Closes Buy of MICROS Systems; Mike Webster Comments

Oracle 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 …

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Oracle to Begin 2nd Tender Offer Period for Remaining MICROS Shares

A subsidiary of Oracle (NASDAQ: ORCL) will begin a second tender offer period for shares of MICROS Systems (NASDAQ: MCRS) following the completion of the initial tender offer on Tuesday. Oracle said Wednesday that its Rocket Acquisition arm has tendered around 82.8 percent of the MICROS outstanding shares,  with the remaining shares expected to be acquired in the …

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Report: Oracle Moves Closer to $5B Acquisition of POS Tech Firm Micros Systems

Oracle (NASDAQ: ORCL) is close to sealing a $5 billion deal to purchase Maryland-based retail and hospitality business software maker Micros Systems, Reuters reported Monday. Reuters reports the transaction could be unveiled as early as Monday and would mark the largest for Oracle since its $5.6 billion acquisition of Sun …

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Grant Thornton Buys MarketSphere’s Oracle Unit; Stephen Chipman Comments

Grant Thornton has acquired MarketSphere‘s Oracle solutions unit as part of plans to grow its consulting business. That 160-employee business unit will be absorbed by Grant Thornton’s technology solutions practice under the firm’s business advisory services, Grant Thornton said Tuesday. “This transaction positions Grant Thornton to continue its focused growth, …

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Accenture to Help SEC Update Oracle IT Applications; Ed Meehan Comments

Accenture Federal Services (NYSE: ACN) has won a position on a potential $64 million blanket purchase agreement contract to update Oracle-based (NASDAQ: ORCL) applications for the U.S. Securities and Exchange Commission. The SEC awarded the BPA as an indefinite-delivery/indefinite-quantity contract with one base year and four one year options,   Accenture …

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DLT Wins Potential $227M Navy Oracle Enterprise License BPA

DLT Solutions has won a potential five-year $227 million blanket purchase agreement with the Department of the Navy for Oracle software product licenses. The BPA includes six options that would bring the contract amount to its full value, the Defense Department said Friday. Four offers were submitted to DON through a …

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CTC to Help SEC Run Oracle IT Applications; Ed Sheehan Comments

Concurrent Technologies Corp. has won a position on a potential $64.5 million blanket purchase agreement covering engineering services for the Securities and Exchange Commission. CTC will work with the agency’s information technology office to update applications that use Oracle’s platform, CTC said Friday. The BPA includes one base year with four …

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KPMG Buys Hackett Group’s Oracle ERP Practice; Stephen Lis Comments

KPMG LLP has acquired an Oracle (NASDAQ: ORCL) enterprise resource planning practice from The Hackett Gruop, a global strategic advisory and business transformation consulting firm. Financial terms of the deal were not disclosed and KPMG becomes The Hackett Group’s preferred provider of Oracle ERP implementation services, KPMG said Wednesday. Stephen …

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NJVC Names Northrop, Oracle Vet David Lavanty to Grow Federal IT Sales

NJVC has appointed David Lavanty as senior vice president for solution sales, where he will oversee growth and management of the company’s market share in federal and commercial segments. The company said Lavanty, a 28-year information technology veteran, brings experience from all levels of government and the financial services, higher …

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DLT Solutions Wins $79M To Give AF Oracle Resource Software

DLT Solutions has won a $79, 463, 725 contract to provide the U.S. Air Force with enterprise resource planning software from Oracle. The Defense Department said the branch will receive a standard ERP license agreement for the products. Work will occur in Herndon, Va. and the Pentagon expects the work …

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