“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,” Oracle said in a statement.
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.
“We are thrilled to join forces with GloriaFood and welcome their team to Oracle’s Food and Beverage Global Business Unit,” Oracle’s note said.
GloriaFood’s business grew constantly between 2013 and 2019 and sales spiked in 2020 as the food ordering market surged during the pandemic.
Globalfood Tech, which operated the platform and has now been bought by Oracle, was owned by Oliver Auerbach (77.5%), Mihai Anghel (19.5%) and Cosmin George Ancuta (3%), according to Trade Registry data.