# Micros Systems

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American technology company

"Micros" redirects here. For other uses, see [Micro](/source/Micro_(disambiguation)).

Micros Systems, Inc. Type Subsidiary Traded as Nasdaq: MCRS Industry Hospitality support, Computer hardware Founded 1977; 49 years ago (1977) Defunct 2014; 12 years ago (2014) Fate acquired by Oracle Corporation Key people Tom Gianopolous (president & CEO) Products Point of sale systems Property management systems Workflow application Revenue US$1,007.9M (FY11; 10.2% increase from FY10)[1][2] Number of employees ~4953 (2011)[3] Parent Oracle Corporation Website www.micros.com Footnotes [4]

**Micros Systems, Inc.** was an American computer company that manufactured [hardware](/source/Computer_hardware) and developed [software](/source/Software) and services for the restaurant [point of sale](/source/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](/source/Oracle_Corporation) and renamed Oracle Food and Beverage and Oracle Hospitality (two of the global business units at [Oracle Corporation](/source/Oracle_Corporation)). Micros was headquartered in [Columbia, Maryland](/source/Columbia%2C_Maryland), United States, and the current business unit is still based there.

On June 23, 2014, [Oracle Corporation](/source/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]

## 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](/source/Columbia%2C_Maryland).[3] The name Micros is an [acronym](/source/Acronym) for Modular Integrated Cash Register Operating Systems.[7]

### Products

Oracle offers multiple products under the Micros name. Oracle Micros Simphony is a cloud-based restaurant [POS](/source/Point_of_sale) system. Opera is the Micros property management system used in many large hotel chains, such as [Accor Hotels](/source/Accor), [Meliá Hotels International](/source/Meli%C3%A1_Hotels_International), [Four Seasons Hotels and Resorts](/source/Four_Seasons_Hotels_and_Resorts), [Travelodge Hotels UK](/source/Travelodge_UK), [Crown Resorts](/source/Crown_Resorts), [Hyatt Hotels and Resorts](/source/Hyatt), [Rydges Hotels & Resorts](/source/Rydges_Hotels_%26_Resorts), [Indian Hotels Company Limited (IHCL)](/source/Indian_Hotels_Company_Limited), [Oberoi Hotels & Resorts](/source/The_Oberoi_Group), Jupiter Hotels, [Marriott Hotels & Resorts](/source/Marriott_Hotels_%26_Resorts), [Starwood Hotels and Resorts, Resorts and Suites](/source/Starwood_Hotels_and_Resorts),[8] [Radisson Hotels and Resorts](/source/Radisson_Hotels_and_Resorts) (subsidiary of [Carlson Companies](/source/Carlson_Companies)),[9] the [InterContinental Hotels Group](/source/InterContinental_Hotels_Group) and the [Thistle Hotels](/source/Thistle_Hotels).[10]

With the purchase of the company Torex from [Cerberus Capital Management](/source/Cerberus_Capital_Management), Micros acquired MiRetail Hub, a [Workflow application](/source/Workflow_application) written using [Windows Workflow Foundation](/source/Windows_Workflow_Foundation) and designed for the Retail market.[11]

## Subsidiaries

Subsidiary Acquired Products Ref. Torex September 2012 Till systems in the UK [11] Snow Valley April 2011 e-commerce solutions for retail and hospitality TIG Global January 2010 specializes in hotel Internet marketing and destination Internet marketing [13] Fry August 2008 strategy and marketing through design, development, managed services and fulfillment; development of e-commerce applications [14] Micros-Retail January 2008 combining the subsidiaries: Datavantage, CommercialWare and eOne Group [15] CommercialWare February 2006 cross-channel commerce infrastructure solutions:[buzzword] point-of-sale, back-office, order management, fulfillment, customer service, collaboration, and analytics applications [16] JTECH Communications January 2005 on-premises wireless messaging systems (pagers) for the retail, hospitality and healthcare industries [17] Datavantage May 2003 information technology solutions[buzzword] for the specialty and general merchandise retail industry, analytic solutions[buzzword] [18] Indatec (German) January 2001 point-of-sale terminals, peripherals and associated software for independent restaurants and other catering facilities [19] Hospitality Solutions International November 2000 point-of-service and enterprise systems for restaurants, hotel management software [20] Micros Fidelio Germany November 1995 property-management systems (PMSs), hotel computer information systems [21][22] Micros Fidelio Nordic Micros Fidelio UK Ltd Micros-Fidelio Asia Pacific Fidelio Cruise

## References

1. **[^](#cite_ref-fiscal2011_1-0)** ["Oracle and Micros Systems"](http://www.micros.com/NewsAndEvents/PressReleases/2011/4qprel2011.htm). *www.micros.com*.

1. **[^](#cite_ref-fiscal2010_2-0)** ["Oracle and Micros Systems"](http://www.micros.com/NewsAndEvents/PressReleases/2010/4qprel2010.htm). *www.micros.com*.

1. ^ [***a***](#cite_ref-YahooFinance_3-0) [***b***](#cite_ref-YahooFinance_3-1) [***c***](#cite_ref-YahooFinance_3-2) ["Yahoo Finance"](https://finance.yahoo.com/q/pr?s=MCRS+Profile). Finance.yahoo.com. 2010-12-01. Retrieved 2010-12-23.

1. **[^](#cite_ref-4)** ["FORM-10K"](https://www.sec.gov/Archives/edgar/data/320345/000032034514000012/0000320345-14-000012.txt).

1. **[^](#cite_ref-5)** [Third-party citation](http://www.intincus.com/bbs/board.php?id=eng_notice&page=1&sn1=&divpage=1&sn=off&ss=on&sc=on&no=3&PHPSESSID=52492fa214e49bd3828360cc1f72a0e5) [Archived](https://web.archive.org/web/20070523124044/http://www.intincus.com/bbs/board.php?id=eng_notice&page=1&sn1=&divpage=1&sn=off&ss=on&sc=on&no=3&PHPSESSID=ca3a68074f2f8435f7e4a9df2747d574) 2007-05-23 at the [Wayback Machine](/source/Wayback_Machine) of article from [Hotel & Motel Management](/source/Hotel_%26_Motel_Management); original no longer available online

1. **[^](#cite_ref-oracle-acquisition-pr_6-0)** ["Oracle Buys Micros Systems"](http://www.oracle.com/us/corporate/press/2225227) (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.

1. **[^](#cite_ref-7)** DF. ["Benefits of using Micros Systems"](http://www.businessknowledgesource.com/technology/what_are_the_benefits_of_using_micros_systems_023862.html). Business Knowledge Source. Retrieved 2010-12-23.

1. **[^](#cite_ref-8)** ["Marriott to install Micros Opera at its international properties-06 July, 2005"](http://www.travelmole.com/stories/104412.php). Travelmole.com. 2005-07-06. Retrieved 2010-12-23.

1. **[^](#cite_ref-9)** ["Wired Hotelier Article April 22, 2003"](http://www.wiredhotelier.com/news//4015606.html). Wiredhotelier.com. Retrieved 2010-12-23.

1. **[^](#cite_ref-10)** Baker, Michael B. (2007-04-23). ["Business Travel News April 23, 2007"](http://www.btnmag.com/businesstravelnews/search/article_display.jsp?vnu_content_id=1003574988&imw=Y). Btnmag.com. Retrieved 2010-12-23.[*[permanent dead link](https://en.wikipedia.org/wiki/Wikipedia:Link_rot)*]

1. ^ [***a***](#cite_ref-acquired_11-0) [***b***](#cite_ref-acquired_11-1) ["Torex acquired by Micros"](http://www.digipos.com/industry_news/torex_aquired_by_micros_2545/). Retrieved 21 August 2013.

1. **[^](#cite_ref-12)** Clelland, Sarah (4 June 2011). ["MICROS snaps up Snow Valley"](https://www.retail-systems.com/rs/SnowValley_MICROS.php). Retrieved 24 January 2020.

1. **[^](#cite_ref-13)** Louise, Casamento. ["Micros Acquires TIG Global, Expanding Web Services Portfolio for Hospitality Industry"](http://www.micros.com/NewsAndEvents/PressReleases/2010/TIGAcquisition.htm). Retrieved 17 January 2010.

1. **[^](#cite_ref-14)** Louise, Casamento. ["Micros Systems, Inc. Acquires Fry, Inc"](http://www.micros.com/NewsAndEvents/PressReleases/2008/FryAcquisition.htm). Retrieved 17 January 2010.

1. **[^](#cite_ref-15)** Bernstein, Rachel (7 January 2008). ["Micros combines subsidiaries"](http://baltimore.bizjournals.com/baltimore/stories/2008/01/07/daily9.html). Retrieved 17 January 2010.

1. **[^](#cite_ref-16)** Rogers, Peter. ["Datavantage Acquires CommercialWare"](http://www.micros.com/NewsAndEvents/PressReleases/2006/CommercialWare.htm). Retrieved 17 January 2010.

1. **[^](#cite_ref-17)** Louise, Casamento. ["Micros Systems, Inc. Acquires JTECH Communications, Inc"](http://www.micros.com/NewsAndEvents/PressReleases/2005/JTECH2.htm). Retrieved 17 January 2010.

1. **[^](#cite_ref-18)** Louise, Casamento. ["Micros Systems, Inc. Acquires Datavantage Corporation"](http://www.micros.com/NewsAndEvents/PressReleases/2003/datavantage.htm). Retrieved 17 January 2010.

1. **[^](#cite_ref-19)** Louise, Casamento. ["Micros ACQUIRES INDATEC GMBH & CO. KG"](http://www.micros.com/NewsAndEvents/PressReleases/2001/indatec.htm). Retrieved 17 January 2010.

1. **[^](#cite_ref-20)** Louise, Casamento. ["Micros acquires the hospitality division of hospitality solutions international"](http://www.micros.com/NewsAndEvents/PressReleases/2000/hsi.htm). Retrieved 17 January 2010.

1. **[^](#cite_ref-21)** ["Micros Systems, Inc. -- Company History"](http://www.fundinguniverse.com/company-histories/Micros-Systems-Inc-Company-History.html). Retrieved 17 January 2010.

1. **[^](#cite_ref-22)** ["Micros Systems, Inc. Annual Report 1997"](https://web.archive.org/web/20160313140918/http://www.micros.com/NR/rdonlyres/6CA6D3EA-6376-4E9D-B83B-4CCD2CFB7206/0/1997AR.pdf) (PDF). Archived from [the original](http://www.micros.com/NR/rdonlyres/6CA6D3EA-6376-4E9D-B83B-4CCD2CFB7206/0/1997AR.pdf) (PDF) on 13 March 2016. Retrieved 17 January 2010.

## External links

- [Official website](http://www.oracle.com/industries/micros)

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Adapted from the Wikipedia article [Micros Systems](https://en.wikipedia.org/wiki/Micros_Systems) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Micros_Systems?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.