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Oracle Buys Ad-Tech Startup Moat for $850 million

Oracle Buys Ad-Tech Startup Moat for $850 million Image Credit: Oracle

Oracle has signed an agreement to acquire Moat, the fastest-growing digital measurement cloud company. Recode reported that Oracle will pay more than $850 million to acquire Moat.

New York-based Moat which was founded in 2010 develops a SaaS-based online marketing analytics platform that enables brands and publishers to measure and drive attention.

Moat will join Oracle Data Cloud, which uses data and analytics to enhance media for leading marketers and publishers. The combination of Oracle and Moat will connect data to consumer attention for better media experiences and business outcomes.

Moat will remain an independent platform within Oracle Data Cloud, providing trusted measurement, analytics, and intelligence to the world’s largest brands including Nestle, Procter & Gamble, and Unilever, and leading publishers such as ESPN, Facebook, NBCUniversal, Snapchat, and YouTube.

Moat’s enterprise client base and industry-leading attention analytics and intelligence suite provide a strong complement to Oracle Data Cloud’s audience targeting and measurement solutions.

Eric Roza, SVP and GM, Oracle Data Cloud
Moat has grown its attention analytics business by over 100% in the past year, providing actionable insights around viewability, brand safety, non-human traffic, and ad creative to over 600 publisher, brand and agency clients. With the Moat acquisition, Oracle Data Cloud now offers brands and publishers a full suite of targeting and measurement solutions to improve the outcome of virtually every type of digital advertising campaign.

Jonah Goodhart, CEO and Co-Founder, Moat 
When Oracle approached us about working together, we began to see the huge potential to jointly drive innovation. At our core, we believe there is an opportunity to fundamentally improve marketing and storytelling by brands and publishers through better data and analytics.

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Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

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