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Oracle to gain stronger foothold in hospitality and retail with acquisition of MICROS Systems

Oracle has announced its acquisition of MICROS Systems, a retail software and hardware solutions firm, for $5.3 billion. Joining the $190 billion giant would enable Micros to push expansion internationally and in newer market as its need of development spends on restaurant business would be met. As per industry analysts, Micros had a healthy and growing busines ...

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