Micros Systems, Inc.; now owned by Oracle Corporation and renamed Oracle Hospitality (one of the global business business Units at Oracle Corporation), was headquartered in Columbia, Maryland, United States (as is the business unit it still based there). The company manufactured and sold computer hardware, software, and services for the restaurant point of sale, hotel, hospitality, sports and entertainment venues, casinos, cruise lines, specialty retail markets and other similar markets. Analyst estimates cited in 2003 put Micros' market share at about 35% of the restaurant point-of-sale business.On June 23, 2014, Oracle Corporation announced its intent to purchase Micros Systems for $68 per share in cash for a total value of approximately $5.3 billion.