Oracle 5.3 Billion Dollar acquisition Micros completed in the second half of this year
Source: Internet
Author: User
KeywordsAcquisitions this year Oracle the second half of
Absrtact: According to news from the US media, Oracle has officially announced a 5.3 billion dollar cash acquisition of the hotel, catering and retail industry hardware and software integration solution provider Micros Bae. (Note: Oracle buys the company for 68 dollars per share)
According to news from the U.S. media, Oracle officially announced a 5.3 billion dollar cash acquisition of the hotel, catering and retail industry hardware and software integration solution provider Micros Bae. (Note: Oracle buys the company at $68 per share)
There are a few points to this deal:
1, the reason for the acquisition. Oracle's revenue growth has been sluggish for 10 consecutive quarters, and Ellison is interested in boosting growth through acquisitions.
2, the amount of the acquisition. A total of 5.3 billion dollars was spent, the biggest acquisition by Oracle since 2009, when it bought Sun Microsystems 7.4 billion dollars. It should be noted that Oracle is good at acquisitions and has spent 50 billion of billions of dollars on acquisitions of hundreds of companies.
3, the acquisition of meaning. Through acquisitions, Oracle can make up for its own short board on cloud computing software. In the short term, Oracle's E-commerce and cloud computing business will grow rapidly.
4, the capital market feedback. June 17, Bloomberg first disclosed the possibility of a merger between the two sides. With this as a time node calculation, Micros's share price has risen by 14%. It should be noted that this data is slightly lower than Oracle's acquisition of Sun. In the 2009 merger, Sun closed shares rose 37%
5, Finish time. Both boards have approved the merger, and the deal is expected to be completed in the second half of 2014.
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