Micros Stock Price: History of MCRS and Its Oracle Acquisition
Understanding the Historical Micros Stock Price
If you are searching for the micros stock price, it is essential to understand that MICROS Systems, Inc. (formerly traded under the NASDAQ ticker MCRS) is no longer a publicly traded entity. As of September 2014, the company was officially acquired by Oracle Corporation in a deal valued at approximately $5.3 billion.
Before its acquisition, MICROS was a dominant global provider of enterprise-grade hardware and software tailored for the hospitality and retail industries. Investors often tracked the MCRS ticker for insights into the Point of Sale (POS) and hospitality tech markets.
Stock Market Performance and MCRS Ticker History
During its tenure on the NASDAQ, the micros stock price reflected the company's steady growth as a leader in hotel and restaurant information systems. According to historical data from MarketBeat, MICROS Systems frequently demonstrated strong financial health, often exceeding quarterly earnings expectations. In its final months as a public company, the stock showed significant resilience, trading near its all-time highs before the merger announcement.
The company was well-regarded for its robust revenue streams and its ability to secure large-scale contracts with global hotel chains and international retail brands. This consistent performance made it a staple in many technology-focused investment portfolios.
The $5.3 Billion Acquisition by Oracle
The definitive shift for the micros stock price occurred in June 2014, when Oracle Corporation announced its intent to acquire the company. The deal was structured as a cash tender offer at $68.00 per share. This price represented a significant premium over the trading average at the time, valuing the enterprise at roughly $5.3 billion.
According to reports from MarketScreener, the acquisition was finalized in September 2014. Following the completion of the merger, MICROS Systems was delisted from the NASDAQ. Shareholders received the agreed-upon cash compensation, and the MCRS ticker was retired from the exchange. Today, those interested in the financial performance of the former MICROS business must look toward Oracle Corporation (ORCL) financial reports.
Legacy and Transition to Oracle Food and Beverage
While the standalone micros stock price is no longer active, the technology remains a cornerstone of the industry. Oracle integrated the company into its portfolio, rebranding it as "Oracle Food and Beverage." This division continues to provide the POS systems and back-office software that powered the original MICROS brand.
For modern investors interested in the technology sector, the story of MICROS serves as a classic example of industry consolidation. While traditional equities like MCRS have moved into the corporate history books, new digital assets and financial technologies are emerging. If you are looking to diversify your portfolio beyond traditional stocks into the world of digital assets, platforms like Bitget offer a secure environment to explore the latest trends in the financial markets.
Clarification on "Micros" vs. "Micro-caps"
In some financial circles, the term "micros" might be used informally to refer to "Micro-cap stocks." These are companies with a small market capitalization, typically between $50 million and $300 million. However, in the context of specific historical price searches, "micros stock price" almost exclusively refers to the technology giant MICROS Systems. It is important for traders to distinguish between a specific company name and a category of small-cap equities to avoid confusion in market analysis.
Explore More Financial Insights
The transition from legacy hardware companies like MICROS to the modern era of cloud computing and blockchain technology highlights the rapid evolution of the global economy. To stay ahead of market shifts and explore the future of finance, you can access comprehensive tools and educational resources on Bitget. Whether you are tracking established tech giants or the latest digital tokens, having the right data is the key to informed decision-making.
