Silicon Valley M&A partner Keith Flaum led a bicoastal team. Micros was advised by Morgan Lewis.
June 23, 2014 at 04:33 PM
1 minute read
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.
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