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Micros Systems
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<h2 id="history">History</h2> <p>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 <a href="/facts/Columbia%2c_Maryland/kvYeS4q2">Columbia, Maryland</a>.<a class="footnote-ref" id="fnref:4" href="#fn:4"><sup>4</sup></a> The name Micros is an <a href="/facts/Acronym/nlHK7aRt">acronym</a> for Modular Integrated Cash Register Operating Systems.<a class="footnote-ref" id="fnref:5" href="#fn:5"><sup>5</sup></a> </p> <h3>Products</h3> <p>Oracle offers multiple products under the Micros name. Oracle Micros Simphony is a cloud-based restaurant <a href="/facts/Point_of_sale/DwUHVn2v">POS</a> system. Opera is the Micros property management system used in many large hotel chains, such as <a href="/facts/Accor/qpQDEyoI">Accor Hotels</a>, <a href="/facts/Meli%25C3%25A1_Hotels_International/Rb28l46h">Meliá Hotels International</a>, <a href="/facts/Four_Seasons_Hotels_and_Resorts/EehL2CYu">Four Seasons Hotels and Resorts</a>, <a href="/facts/Travelodge_UK/bBrgl5uh">Travelodge Hotels UK</a>, <a href="/facts/Crown_Resorts/Mky8dSoL">Crown Resorts</a>, <a href="/facts/Hyatt/1TvMkLov">Hyatt Hotels and Resorts</a>, <a href="/facts/Rydges_Hotels_%2526_Resorts/IzJW60zV">Rydges Hotels & Resorts</a>, <a href="/facts/Indian_Hotels_Company_Limited/KGBFom3a">Indian Hotels Company Limited (IHCL)</a>, <a href="/facts/The_Oberoi_Group/c58stG35">Oberoi Hotels & Resorts</a>, Jupiter Hotels, <a href="/facts/Marriott_Hotels_%2526_Resorts/T7AJwnXL">Marriott Hotels & Resorts</a>, <a href="/facts/Starwood_Hotels_and_Resorts/1oqqX7qV">Starwood Hotels and Resorts, Resorts and Suites</a>,<a class="footnote-ref" id="fnref:6" href="#fn:6"><sup>6</sup></a> <a href="/facts/Radisson_Hotels_and_Resorts/m0ksFe3p">Radisson Hotels and Resorts</a> (subsidiary of <a href="/facts/Carlson_Companies/0bXcA7wG">Carlson Companies</a>),<a class="footnote-ref" id="fnref:7" href="#fn:7"><sup>7</sup></a> the <a href="/facts/InterContinental_Hotels_Group/YbU1Kg9g">InterContinental Hotels Group</a> and the <a href="/facts/Thistle_Hotels/dQWFr7yr">Thistle Hotels</a>.<a class="footnote-ref" id="fnref:8" href="#fn:8"><sup>8</sup></a> </p><p>With the purchase of the company Torex from <a href="/facts/Cerberus_Capital_Management/uGm6hF6h">Cerberus Capital Management</a>, Micros acquired MiRetail Hub, a <a href="/facts/Workflow_application/hEEAQ5lQ">Workflow application</a> written using <a href="/facts/Windows_Workflow_Foundation/mmyK1Qt1">Windows Workflow Foundation</a> and designed for the Retail market.<a class="footnote-ref" id="fnref:9" href="#fn:9"><sup>9</sup></a> </p> <h2 id="subsidiaries">Subsidiaries</h2> <table><tbody><tr><th>Subsidiary</th><th>Acquired</th><th>Products</th><th>References</th></tr><tr><td>Torex</td><td>September 2012</td><td>Till systems in the UK</td><td><a class="footnote-ref" id="fnref:10" href="#fn:10"><sup>10</sup></a></td></tr><tr><td>Snow Valley</td><td>April 2011</td><td>e-commerce solutions for retail and hospitality</td><td></td></tr><tr><td>TIG Global</td><td>January 2010</td><td>specializes in hotel Internet marketing and destination Internet marketing</td><td><a class="footnote-ref" id="fnref:11" href="#fn:11"><sup>11</sup></a></td></tr><tr><td>Fry</td><td>August 2008</td><td>strategy and marketing through design, development, managed services and fulfillment; development of e-commerce applications</td><td><a class="footnote-ref" id="fnref:12" href="#fn:12"><sup>12</sup></a></td></tr><tr><td>Micros-Retail</td><td>January 2008</td><td>combining the subsidiaries: Datavantage, CommercialWare and eOne Group</td><td><a class="footnote-ref" id="fnref:13" href="#fn:13"><sup>13</sup></a></td></tr><tr><td>CommercialWare</td><td>February 2006</td><td>cross-channel commerce infrastructure solutions[<i>buzzword</i>]: point-of-sale, back-office, order management, fulfillment, customer service, collaboration, and analytics applications</td><td><a class="footnote-ref" id="fnref:14" href="#fn:14"><sup>14</sup></a></td></tr><tr><td>JTECH Communications</td><td>January 2005</td><td>on-premises wireless messaging systems (<a href="/facts/Pager/aBeT40yG">pagers</a>) for the retail, hospitality and healthcare industries</td><td><a class="footnote-ref" id="fnref:15" href="#fn:15"><sup>15</sup></a></td></tr><tr><td>Datavantage</td><td>May 2003</td><td>information technology solutions[<i>buzzword</i>] for the specialty and general merchandise retail industry, analytic solutions[<i>buzzword</i>]</td><td><a class="footnote-ref" id="fnref:16" href="#fn:16"><sup>16</sup></a></td></tr><tr><td>Indatec (German)</td><td>January 2001</td><td>point-of-sale terminals, peripherals and associated software for independent restaurants and other catering facilities</td><td><a class="footnote-ref" id="fnref:17" href="#fn:17"><sup>17</sup></a></td></tr><tr><td>Hospitality Solutions International</td><td>November 2000</td><td>point-of-service and enterprise systems for restaurants, hotel management software</td><td><a class="footnote-ref" id="fnref:18" href="#fn:18"><sup>18</sup></a></td></tr><tr><td>Micros Fidelio Germany</td><td rowspan="5">November 1995</td><td rowspan="5">property-management systems (PMSs), hotel computer information systems</td><td rowspan="5"><a class="footnote-ref" id="fnref:19" href="#fn:19"><sup>19</sup></a><a class="footnote-ref" id="fnref:20" href="#fn:20"><sup>20</sup></a></td></tr><tr><td>Micros Fidelio Nordic</td></tr><tr><td>Micros Fidelio UK Ltd</td></tr><tr><td>Micros-Fidelio Asia Pacific</td></tr><tr><td>Fidelio Cruise</td></tr></tbody></table> <h2 id="external-links">External links</h2> <ul><li><a href="http://www.oracle.com/industries/micros">Official website</a></li></ul> <h2 id="references">References</h2> <ol> <li id="fn:1"><p>"Yahoo Finance". Finance.yahoo.com. 2010-12-01. Retrieved 2010-12-23. <a href="https://finance.yahoo.com/q/pr?s=MCRS+Profile" target="_blank">https://finance.yahoo.com/q/pr?s=MCRS+Profile</a> <a href="#fnref:1" class="footnote-back-ref">↩</a></p></li> <li id="fn:2"><p>Third-party citation Archived 2007-05-23 at the Wayback Machine of article from Hotel & Motel Management; original no longer available online <a href="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" target="_blank">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</a> <a href="#fnref:2" class="footnote-back-ref">↩</a></p></li> <li id="fn:3"><p>"Oracle Buys Micros Systems" (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. <a href="http://www.oracle.com/us/corporate/press/2225227" target="_blank">http://www.oracle.com/us/corporate/press/2225227</a> <a href="#fnref:3" class="footnote-back-ref">↩</a></p></li> <li id="fn:4"><p>"Yahoo Finance". Finance.yahoo.com. 2010-12-01. Retrieved 2010-12-23. <a href="https://finance.yahoo.com/q/pr?s=MCRS+Profile" target="_blank">https://finance.yahoo.com/q/pr?s=MCRS+Profile</a> <a href="#fnref:4" class="footnote-back-ref">↩</a></p></li> <li id="fn:5"><p>DF. "Benefits of using Micros Systems". Business Knowledge Source. Retrieved 2010-12-23. <a href="http://www.businessknowledgesource.com/technology/what_are_the_benefits_of_using_micros_systems_023862.html" target="_blank">http://www.businessknowledgesource.com/technology/what_are_the_benefits_of_using_micros_systems_023862.html</a> <a href="#fnref:5" class="footnote-back-ref">↩</a></p></li> <li id="fn:6"><p>"Marriott to install Micros Opera at its international properties-06 July, 2005". Travelmole.com. 2005-07-06. Retrieved 2010-12-23. <a href="http://www.travelmole.com/stories/104412.php" target="_blank">http://www.travelmole.com/stories/104412.php</a> <a href="#fnref:6" class="footnote-back-ref">↩</a></p></li> <li id="fn:7"><p>"Wired Hotelier Article April 22, 2003". Wiredhotelier.com. Retrieved 2010-12-23. <a href="http://www.wiredhotelier.com/news//4015606.html" target="_blank">http://www.wiredhotelier.com/news//4015606.html</a> <a href="#fnref:7" class="footnote-back-ref">↩</a></p></li> <li id="fn:8"><p>Baker, Michael B. (2007-04-23). "Business Travel News April 23, 2007". Btnmag.com. Retrieved 2010-12-23.[permanent dead link] <a href="http://www.btnmag.com/businesstravelnews/search/article_display.jsp?vnu_content_id=1003574988&imw=Y" target="_blank">http://www.btnmag.com/businesstravelnews/search/article_display.jsp?vnu_content_id=1003574988&imw=Y</a> <a href="#fnref:8" class="footnote-back-ref">↩</a></p></li> <li id="fn:9"><p>"Torex acquired by Micros". Retrieved 21 August 2013. <a href="http://www.digipos.com/industry_news/torex_aquired_by_micros_2545/" target="_blank">http://www.digipos.com/industry_news/torex_aquired_by_micros_2545/</a> <a href="#fnref:9" class="footnote-back-ref">↩</a></p></li> <li id="fn:10"><p>"Torex acquired by Micros". Retrieved 21 August 2013. <a href="http://www.digipos.com/industry_news/torex_aquired_by_micros_2545/" target="_blank">http://www.digipos.com/industry_news/torex_aquired_by_micros_2545/</a> <a href="#fnref:10" class="footnote-back-ref">↩</a></p></li> <li id="fn:11"><p>Louise, Casamento. "Micros Acquires TIG Global, Expanding Web Services Portfolio for Hospitality Industry". Retrieved 17 January 2010. <a href="http://www.micros.com/NewsAndEvents/PressReleases/2010/TIGAcquisition.htm" target="_blank">http://www.micros.com/NewsAndEvents/PressReleases/2010/TIGAcquisition.htm</a> <a href="#fnref:11" class="footnote-back-ref">↩</a></p></li> <li id="fn:12"><p>Louise, Casamento. "Micros Systems, Inc. Acquires Fry, Inc". Retrieved 17 January 2010. <a href="http://www.micros.com/NewsAndEvents/PressReleases/2008/FryAcquisition.htm" target="_blank">http://www.micros.com/NewsAndEvents/PressReleases/2008/FryAcquisition.htm</a> <a href="#fnref:12" class="footnote-back-ref">↩</a></p></li> <li id="fn:13"><p>Bernstein, Rachel (7 January 2008). "Micros combines subsidiaries". Retrieved 17 January 2010. <a href="http://baltimore.bizjournals.com/baltimore/stories/2008/01/07/daily9.html" target="_blank">http://baltimore.bizjournals.com/baltimore/stories/2008/01/07/daily9.html</a> <a href="#fnref:13" class="footnote-back-ref">↩</a></p></li> <li id="fn:14"><p>Rogers, Peter. "Datavantage Acquires CommercialWare". Retrieved 17 January 2010. <a href="http://www.micros.com/NewsAndEvents/PressReleases/2006/CommercialWare.htm" target="_blank">http://www.micros.com/NewsAndEvents/PressReleases/2006/CommercialWare.htm</a> <a href="#fnref:14" class="footnote-back-ref">↩</a></p></li> <li id="fn:15"><p>Louise, Casamento. "Micros Systems, Inc. Acquires JTECH Communications, Inc". Retrieved 17 January 2010. <a href="http://www.micros.com/NewsAndEvents/PressReleases/2005/JTECH2.htm" target="_blank">http://www.micros.com/NewsAndEvents/PressReleases/2005/JTECH2.htm</a> <a href="#fnref:15" class="footnote-back-ref">↩</a></p></li> <li id="fn:16"><p>Louise, Casamento. "Micros Systems, Inc. Acquires Datavantage Corporation". Retrieved 17 January 2010. <a href="http://www.micros.com/NewsAndEvents/PressReleases/2003/datavantage.htm" target="_blank">http://www.micros.com/NewsAndEvents/PressReleases/2003/datavantage.htm</a> <a href="#fnref:16" class="footnote-back-ref">↩</a></p></li> <li id="fn:17"><p>Louise, Casamento. "Micros ACQUIRES INDATEC GMBH & CO. KG". Retrieved 17 January 2010. <a href="http://www.micros.com/NewsAndEvents/PressReleases/2001/indatec.htm" target="_blank">http://www.micros.com/NewsAndEvents/PressReleases/2001/indatec.htm</a> <a href="#fnref:17" class="footnote-back-ref">↩</a></p></li> <li id="fn:18"><p>Louise, Casamento. "Micros acquires the hospitality division of hospitality solutions international". Retrieved 17 January 2010. <a href="http://www.micros.com/NewsAndEvents/PressReleases/2000/hsi.htm" target="_blank">http://www.micros.com/NewsAndEvents/PressReleases/2000/hsi.htm</a> <a href="#fnref:18" class="footnote-back-ref">↩</a></p></li> <li id="fn:19"><p>"Micros Systems, Inc. -- Company History". Retrieved 17 January 2010. <a href="http://www.fundinguniverse.com/company-histories/Micros-Systems-Inc-Company-History.html" target="_blank">http://www.fundinguniverse.com/company-histories/Micros-Systems-Inc-Company-History.html</a> <a href="#fnref:19" class="footnote-back-ref">↩</a></p></li> <li id="fn:20"><p>"Micros Systems, Inc. Annual Report 1997" (PDF). Archived from the original (PDF) on 13 March 2016. Retrieved 17 January 2010. <a href="https://web.archive.org/web/20160313140918/http://www.micros.com/NR/rdonlyres/6CA6D3EA-6376-4E9D-B83B-4CCD2CFB7206/0/1997AR.pdf" target="_blank">https://web.archive.org/web/20160313140918/http://www.micros.com/NR/rdonlyres/6CA6D3EA-6376-4E9D-B83B-4CCD2CFB7206/0/1997AR.pdf</a> <a href="#fnref:20" class="footnote-back-ref">↩</a></p></li> </ol>