MICROS Systems, Inc. (MCRS) announced the buyout of TIG Global, an interactive marketing companies for the hospitality and travel industries worldwide.
Commenting on the deal, Frederic Malek, chief executive officer and Co-Founder of TIG Globa said, "With MICROS's worldwide platform and presence, and our deep understanding of the Internet consumer, we can accelerate our growth globally and together provide a superior value proposition with a comprehensive end-to-end solution with increased localized service for our clients."
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.