Add-on Acquisition • Internet Software and Services

Oracle Acquires GloriaFood

On June 25, 2021, Oracle acquired internet software and services company GloriaFood

Acquisition Context
  • This is Oracle’s 34th transaction in the Internet Software and Services sector.
  • This is Oracle’s 1st transaction in Romania.

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M&A Deal Summary

Date June 25, 2021
Target GloriaFood
Sector Internet Software and Services
Buyer(s) Oracle
Deal Type Add-on Acquisition

Target Company

GloriaFood

Bucharest, Romania
GloriaFood is an online marketing and ordering platform providing a holistic online ordering solution that enables restaurateurs to easily create websites, branded mobile apps, order menus, and accept online payments. It is designed to make online food ordering a smooth and enjoyable experience for both the customer and the restaurant owner. GloriaFood was formed in 2013 and is based in Bucharest, Romania.
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Buyer Overview 1

Buyer

Oracle

Austin, Texas, United States

Category Company
Founded 1977
Sector Software
Employees159,000
Revenue 53.0B USD (2024)
DESCRIPTION
Oracle's headquarters in Austin, Texas.
Oracle's headquarters in Austin, Texas.

Oracle provides products and services that address corporate information technology (IT) environments including applications, platforms, and infrastructure. Its products and services are available to customers via cloud computing or on-premises deployment models. Products include database and middleware software, application software, cloud infrastructure software and hardware systems (Oracle Engineered Systems, servers, storage, networking and industry specific products), along with support and related services. Oracle was formed in 1977 and is based in Austin, Texas.


Deal Context for Buyer #
Overall 129 of 132
Sector: Internet Software and Services 34 of 34
Type: Add-on Acquisition 121 of 124
Country: Romania 1 of 1
Year: 2021 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-18 Nor1

Sunnyvale, California, United States

Nor1 provides Merchandising platform that enables hotels to provide personalized offers throughout the guest journey using AI & machine learning, thereby improving guest engagement, and driving incremental revenue and improved loyalty for hotels. Nor1 was founded in 2004 and is based in Sunnyvale, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-20 Cerner

North Kansas City, Missouri, United States

Cerner is a supplier of healthcare information technology services. The Company offers a range of intelligent solutions and services that support the clinical, financial and operational needs of organizations. Cerner was formed in 1979 and is based in North Kansas City, Missouri.

Buy $28.3B