Oracle adds Micros for $5.3 bn to boost cloud effort | Bangkok Post: news

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Oracle adds Micros for $5.3 bn to boost cloud effort

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Business software giant Oracle said Monday it was buying rival Micros Systems for $5.3 billion in a deal to expand its big data efforts in key retail sectors. 

A pedestrian walks past the Oracle headquarters in Redwood Shores, California, on June 19, 2014

The acquisition is the biggest for Oracle since buying Sun Microsystems in a deal announced in 2009 and closed in 2010.

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