Oracle moving its 'world headquarters' to Nashville to focus on health care

NewsPoints

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Ref: East Bay Times

Published: 04/24/2024

Oracle moving its 'world headquarters' to Nashville to focus on health care
  • Oracle is planning to make Nashville its "world headquarters" in order to be closer to a major health care hub, Bloomberg reported. 
  • Chairman Larry Ellison said the software giant is developing a health campus in the city that will "ultimately be our world headquarters." 
  • The company moved its headquarters from Silicon Valley to Austin, Texas, in 2020.
  • Since then, Oracle has shifted its focus to the healthcare industry, buying electronic health records company Cerner for $28 billion.
  • Three years ago, Oracle pledged to create 8500 jobs by 2031 in the region as part of a $1.35 billion office development in Nashville, according to the Nashville Business Journal.
  • The paper noted that the company had over 700 workers in the city at the end of 2023.