Oracle Corp. came close to acquiring Micros Systems Inc., a maker of software for stores and restaurants, six years ago. Micros Chief Executive Officer Tom Giannopoulos flew from Maryland to California to sign a deal, only to have the transaction fall through at the last minute, according to a person with knowledge of the matter.
Oracle Corp. is nearing a deal to buy Micros Systems Inc. for more than $5 billion, people familiar with the matter said, as Chief Executive Officer Larry Ellison moves to combat slowing growth by adding software for hotels and restaurants.
Oregon Governor John Kitzhaber, an emergency-room doctor who for years championed greater access to health care, finds his re-election campaign in trouble after his administration blew the state’s adoption of Obamacare.
Two California husbands who allegedly heard their executive wives discussing nonpublic information about their technology company employers on the phone were sued for insider-trading by securities regulators.
Oregon will shut down its troubled health insurance exchange, which federal taxpayers spent $303 million to build, becoming the first state to abandon its marketplace and shift its customers to the U.S. exchange.
Apple Inc. and Oracle Corp. won a judge’s order separating and putting on hold a dispute between them about indemnification until a patent-infringement case against Apple by U.S. Ethernet Innovations LLC is resolved.