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Manage your account and access personalized content. Sign up for an Oracle Account On April 28, 2016, Oracle announced that it has entered into a definitive agreement to acquire Textura, a leading provider of construction contracts and payment management cloud services. The transaction has closed. Textura's cloud services process $3.4 billion in payments for over 6,000 projects each month, helping keep projects on time and under budget while reducing risk for developers, contractors and subcontractors. Textura offers its cloud services in a consumption model preferred by the engineering and construction industry whereby the companies involved pay based on project activity. Further, usage of Textura's cloud services creates a network effect that benefits all participants as more than 85,000 general and subcontractors are Oracle Primavera offers a complete suite of cloud solutions for project, cost, time and risk management. The Oracle Primavera flagship products have been completely re-architected for the Cloud, and the result is a set of cloud services that are growing rapidly as construction and engineering companies embrace digital transformation. Together, Oracle Primavera and Textura will form the Oracle Construction and Engineering Global Business Unit offering a comprehensive cloud-based project control and execution platform that manages all phases of engineering and construction projects. Textura customers and partners: Please use your existing contacts for client services, professional services and sales. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This docu*ent contains certain forward-looking statements about Oracle and Textura, including statements that involve risks and uncertainties concerning Oracle's acquisition of Textura, anticipated customer benefits and general business outlook. When used in this docu*ent, 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 as*ertions as forward-looking