Micros Systems

"Micros" redirects here. For other uses, see Micro.
Micros Systems, Inc.
Company typeSubsidiary
Nasdaq: MCRS
IndustryHospitality support, Computer hardware
Founded1977; 47 years ago (1977)
HeadquartersColumbia, Maryland, United States
Key people
Tom Gianopolous (president &​ CEO)
ProductsPoint of sale systems
Property management systems
Workflow application
RevenueIncrease US$1,007.9M (FY11; 10.2% increase from FY10)[1][2]
Number of employees
~4953 (2011)[3]
ParentOracle Corporation
Websitewww.micros.com
Footnotes / references
[4]

Micros Systems, Inc. was an American computer company who manufactured hardware and developed software and services for the restaurant point of sale, hotel, hospitality, sports and entertainment venues, casinos, cruise lines, specialty retail markets and other similar markets.[3] Analyst estimates cited in 2003 put Micros' market share at about 35% of the restaurant point-of-sale business.[5] Independently active from 1978 to 2014, Micros is now owned by Oracle Corporation and renamed Oracle Food and Beverage and Oracle Hospitality (two of the global business units at Oracle Corporation). Micros was headquartered in Columbia, Maryland, United States, and the current business unit it still based there.

On June 23, 2014, Oracle Corporation announced its intent to purchase Micros Systems for $68 per share in cash for a total value of approximately $5.3 billion.[6]

  1. ^ "Oracle and Micros Systems". www.micros.com.
  2. ^ "Oracle and Micros Systems". www.micros.com.
  3. ^ a b "Yahoo Finance". Finance.yahoo.com. 2010-12-01. Retrieved 2010-12-23.
  4. ^ "FORM-10K".
  5. ^ Third-party citation Archived 2007-05-23 at the Wayback Machine of article from Hotel & Motel Management; original no longer available online
  6. ^ "Oracle Buys Micros Systems" (Press release). Oracle Corporation. June 23, 2014. Retrieved June 23, 2014. The transaction is valued at approximately $5.3 billion, or $4.6 billion net of Micros' cash.