Oracle moving its 'world headquarters' to Nashville to focus on health care
NewsPoints
By:
Ref: East Bay Times
Published: 04/24/2024
- 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.