Letter to customers and partners
Dear Customers and Partners,
On June 25, 2021, Oracle completed the acquisition of GloriaFood. The acquisition extends the Oracle MICROS Simphony Cloud POS platform by adding a global online ordering system and marketing solutions to enable restaurants of all sizes to go digital and serve customers directly through the web, mobile, and apps.
GloriaFood’s SaaS platform is a holistic online ordering solution that enables restaurateurs to easily create websites, branded mobile apps, ordering menus, and accept online payments. GloriaFood is designed to make online food ordering a smooth and enjoyable experience for both the customer and the restaurant owner.
Oracle MICROS Simphony is already well positioned in the marketplace as the premier point of sale platform with a robust cloud ecosystem. Simphony’s open API architecture gives food and beverage purveyors of any size and concept a platform for growth and continuous innovation. With the addition of GloriaFood, we are expanding our portfolio to better support up-and-coming brands and deliver impactful business-to-consumer experiences.
We are thrilled to join forces with GloriaFood and welcome their team to Oracle’s Food and Beverage Global Business Unit.
More information about this announcement is available at www.oracle.com/gloriafood.
Thank you for your continued support.
Regards,
Simon de Montfort Walker
Senior Vice President and General Manager
Oracle Food and Beverage Global Business Unit
Oracle is currently reviewing the existing GloriaFood product roadmap and will be providing guidance to customers in accordance with Oracle’s standard product communication policies. Any resulting features and timing of release of such features as determined by Oracle’s review of GloriaFood’s product roadmap are at the sole discretion of Oracle. All product roadmap information, whether communicated by GloriaFood or by Oracle, does not represent a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. It is intended for information purposes only, and may not be incorporated into any contract.
This document contains certain forward-looking statements about Oracle and GloriaFood, including statements that involve risks and uncertainties concerning Oracle’s proposed acquisition of GloriaFood, anticipated customer benefits and general business outlook. When used in this document, the words “anticipates”, “can”, “will”, “look forward to”, “expected” and similar expressions and any other statements that are not historical facts are intended to identify those assertions as forward-looking statements. Any such statement may be influenced by a variety of factors, many of which are beyond the control of Oracle or GloriaFood, that could cause actual outcomes and results to be materially different from those projected, described, expressed or implied in this document due to a number of risks and uncertainties. Potential risks and uncertainties include, among others, the possibility that the anticipated synergies of the combined companies may not be achieved after closing, the combined operations may not be successfully integrated in a timely manner, if at all, general economic conditions in regions in which either company does business may deteriorate and/or Oracle or GloriaFood may be adversely affected by other economic, business, and/or competitive factors. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of Oracle or GloriaFood. You are cautioned to not place undue reliance on forward-looking statements, which speak only as of the date of this document. Neither Oracle nor GloriaFood is under any duty to update any of the information in this document.