Share on StockTwits

Oracle is in talks with Micros Systems to buy the software maker for retailers and hotel chains for more than $5 billion. While the companies are in exclusive talks, they could still fail to reach an agreement. Micros shares were up 17 percent at $67.54 in early afternoon trading on the Nasdaq. Oracle shares were up 1 percent at $42.53. Oracle and Micros could not be immediately reached for comment.



“Oracle May Buy Micros Systems For More Than $5 Billion: Bloomberg” is categorized as “science and technology”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.