Micros Systems


Micros Systems, Inc.; now owned by Oracle Corporation and renamed and , was headquartered in Columbia, Maryland, United States. The company manufactured and sold computer hardware, 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. Analyst estimates cited in 2003 put Micros' market share at about 35% of the restaurant point-of-sale business.
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.

History

The company was incorporated in 1977 as Picos Manufacturing, Inc. and changed its name to Micros Systems, Inc. in 1978. Micros Systems, Inc. was headquartered in Columbia, Maryland. The name Micros is an acronym for Modular Integrated Cash Register Operating Systems.

Products

Oracle offers multiple products under the name. is a cloud-based restaurant POS system. Opera is the Micros property management system used in many large hotel chains, such as Four Seasons Hotels and Resorts, Travelodge Hotels UK, Crown Resorts, Hyatt Hotels and Resorts, Rydges Hotels and Resorts, Oberoi Hotels & Resorts, Jupiter Hotels, Marriott Hotels & Resorts, Starwood Hotels and Resorts, Resorts and Suites, Radisson Hotels and Resorts, the InterContinental Hotels Group and the Thistle Hotels.
With the purchase of the company Torex from Cerberus Capital Management, Micros acquired MiRetail Hub, a Workflow application written using Windows Workflow Foundation and designed for the Retail market.

Subsidiaries