Dear Customers and Partners,
I am excited to share that on April 24, 2018, Oracle announced that it entered into an agreement to acquire Grapeshot, a provider of brand safety and pre-bid contextual solutions to over 5,000 of the world's leading marketers.
The acquisition of Grapeshot will dramatically expand Oracle Data Cloud's ability to improve marketing outcomes for our partners worldwide by adding the important dimension of Context to Oracle Data Cloud's expertise in Audiences and Measurement. Grapeshot's Contextual Intelligence Platform enables the rapid creation of highly-customized segments that allow marketers and their agencies to confidently:
Every month, over 38 billion programmatic ad impressions are enhanced using Grapeshot's Contextual Intelligence Platform in dozens of languages, and this number has grown well over 100% year over year.
I am thrilled to welcome the Grapeshot team to Oracle, and would like to personally thank John Snyder, Grapeshot's CEO and Co-Founder, for agreeing to serve in an advisory role through the transition.
For more information, please visit www.oracle.com/grapeshot.
I look forward to sharing more of this exciting news with you soon.
Senior Vice President and General Manager, Oracle Data Cloud
Oracle is currently reviewing the existing Grapeshot 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 the Grapeshot product roadmap are at the sole discretion of Oracle. All product roadmap information, whether communicated by Grapeshot 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.
Cautionary Statement Regarding Forward-Looking Statements
This document contains certain forward-looking statements about Oracle and Grapeshot, including statements that involve risks and uncertainties concerning Oracle's proposed acquisition of Grapeshot, 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 Grapeshot, 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 transaction will not close or that the closing may be delayed, 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 Grapeshot 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 Grapeshot. 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 Grapeshot is under any duty to update any of the information in this document.