Oracle splashes $5.3bn on Micros

Hannah Breeze
clock

Tech giant hopes latest buy will accelerate its presence in leisure and retail market

Oracle has coughed up a whopping $5.3bn (£3.12bn) on leisure and retail tech specialist Micros in a bid to up its presence in the two markets. Rumours of the deal have been circulating over the ...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
Oracle Q3 2024: Ellison says 'AI infrastructure business is booming'

Vendor

“We've got at least 40 new AI bookings that are over a billion dollars that haven't come online yet,” Oracle CEO Safra Catz said

clock 12 March 2024 • 4 min read
Oracle Q1: CTO Ellison calls GenAI 'a boon' to database business

Vendor

“You can’t build any of these AI models without enormous amounts of training data”

clock 13 September 2023 • 6 min read
Big vendors cash in on Cohere's AI platform as company announces $270m series C funding

Vendor

A plethora of big vendors including NVIDIA and Oracle have funded Cohere’s platform with the aim of bringing AI to enterprise businesses

clock 13 June 2023 • 2 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Vendor

Palo Alto Networks CEO: IBM QRadar deal 'cements our place' in SIEM market

Palo Alto Networks CEO: IBM QRadar deal 'cements our place' in SIEM market

The agreement to acquire IBM’s QRadar SaaS assets also opens the door for Palo Alto Networks to pursue the ‘much larger prize’ of migrating on-premises QRadar customers to XSIAM, CEO Nikesh Arora said Monday.

Kyle Alspach
clock 22 May 2024 • 2 min read
Microsoft CEO Nadella: Copilot+ PC gets closer to 'computers that understand us'

Microsoft CEO Nadella: Copilot+ PC gets closer to 'computers that understand us'

‘We are bringing real joy and a sense of wonder back to creation on the PC,’ Microsoft CEO Satya Nadella said Monday.

Wade Tyler Millward
clock 21 May 2024 • 1 min read
Sophos brings in new CEO, CFO as it homes in on midmarket growth

Sophos brings in new CEO, CFO as it homes in on midmarket growth

Joe Levy, Jim Didine to take top jobs as cyber vendor seeks growth with MSPs

clock 21 May 2024 • 2 min read