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Oracle Said to Near Deal to Buy Micros Systems

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.

Oracle and Micros are in exclusive talks, though the two sides could still fail to reach an agreement, said the people, who asked not to be identified discussing a private matter.