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Tag Archives: Micros Systems

Peter Altabef Named Unisys Chairman, Nathaniel Davis Appointed Independent Lead Director

Peter Altabef, president and CEO of Unisys (NYSE: UIS), has been named chairman of the Blue Bell, Pennsylvania-based information technology company’s board of directors in a move that takes effect April 26. Altabef will succeed the retiring Paul Weaver, who has been board chairman since 2015, and will continue to …

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Peter Altabef Named President, CEO of Unisys; Paul Weaver Comments

Peter Altabef, president and CEO of Oracle‘s (NYSE: ORCL) MICROS Systems subsidiary, will join Unisys (NYSE: UIS) in January as president, CEO and member of the board of directors. Unisys said Tuesday that Altabef brings 20 years of experience in leadership roles at other IT companies. “As an industry veteran, Peter brings outstanding leadership skills, …

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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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