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Oracle Acquisitions


ORACLE BUYS NEXT TECHNIK

On September 25, 2023, Oracle announced that it has entered into an agreement to
acquire Next Technik. Next Technik provides field service management
capabilities for NetSuite customers, which enable businesses to digitize and
streamline scheduling and dispatch and the management of inventory and assets
for increased productivity, and customer satisfaction. The transaction is now
closed and the Next Technik team will join the Oracle NetSuite organization.

 * Learn more about NetSuite Field Service Management
 * Support for Next Technik product



SERVICES AND SALES INFORMATION

Next Technik customers and partners: Please use your existing contacts for
professional services and sales.

Cautionary statement regarding forward-looking statements

Oracle is currently reviewing the existing Next Technik 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 Next Technik product roadmap are at
the sole discretion of Oracle. All product roadmap information, whether
communicated by Next Technik 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 Next
Technik, including statements that involve risks and uncertainties concerning
Oracle’s proposed acquisition of Next Technik, 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 Next
Technik, 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 Next Technik 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 Next Technik. 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 Next Technik is under
any duty to update any of the information in this document.

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