Keith Flaum, Weil Gotshal & Manges partner (Jason Doiy / The Recorder)
SAN FRANCISCO —­ Teams from Weil, Gotshal & Manges and Morgan, Lewis & Bockius advised on Oracle Corp.’s approximately $5 billion acquisition of Micros Systems Inc., a hospitality and retail industry tech developer.
Oracle, based in Redwood Shores, announced Monday that it would acquire Micros for $68 per share. The deal, valued at $5.3 billion, will help Oracle expand its technology offerings to hospitality and retail sector companies, said Oracle President Mark Hurd.
The company tapped longtime advisor Weil for the transaction. Weil also advised Oracle on its 2013 acquisitions of Responsys and Acme Packet.
The Weil team was led by Silicon Valley M&A partner Keith Flaum and also included partners Richard Climan and James Griffin, and associates Tyler Tassin and Cristiana Blauth Oliveira; New York-based employment partners Amy Rubin and Jeffrey Klein, and associates Verity Rees, Aryeh Zuber and Brian Hamano; New York-based tax partner Helyn Goldstein; and Dallas-based associate Mark Dundon.
Morgan Lewis advised Columbia, Md.-based Micros on the deal. The team was led by Philadelphia-based business and finance partners Richard Aldridge and Colby Smith. The team also included securities partners Alan Singer and David Sirignano; business and finance associates Michael Baxter, Lindsay Tarnowski, James Sherwood and Sean Donahue; antitrust partners Harry Robins and Izzet Sinan, as well as associate David Brenneman; employee benefits and executive compensation senior counsel Joseph Ronan Jr.; tax partner Paul Gordon; intellectual property partners Kenneth Davis, Douglas Crisman and Ron Dreben, and associate Squire Servance; litigation partners David Luttinger Jr., Christian Mixter, Steven Reed, and Elizabeth Hoop Fay, of counsel Karen Pohlmann, and associate Esther Winne.
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