US $ 5.3 billion, Oracle announced the acquisition of Micros Systems-Oracle, MICROS Systems-IT information US $ 5.3 billion, Oracle announced the acquisition of Micros Systems

The night of June 23 news, Oracle announced a $ 5.3 billion takeover IT solutions provider MICROS Systems.

Under the deal, Oracle will be $ 68 a share in cash to buy all the company's shares, Premium 3.4% than MICORS closing price on Friday. Total amount of the transaction in which the $ 4.6 billion in cash, the deal is expected to be completed by the second half of 2014.

MICROS Systems is a seller of software for retail, hospitality services, the deal is after 2010, $ 7.4 billion acquisition of Sun Microsystems, Oracle's second-biggest transactions ever. After the acquisition is completed, Oracle retail, hotel and catering market IT solutions will be further expanded.