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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.