54 Facts About Oracle Corporation

Oracle Corporation is an American multinational computer technology corporation headquartered in Austin, Texas.

In 2020, Oracle Corporation was the third-largest software company in the world by revenue and market capitalization.

Oracle Corporation sells database software and technology, cloud engineered systems, and enterprise software products, such as enterprise resource planning (ERP) software, human capital management (HCM) software, customer relationship management (CRM) software ( known as customer experience), enterprise performance management (EPM) software, and supply chain management (SCM) software.

In 1995, Oracle Systems Corporation changed its name to Oracle Corporation, officially named Oracle, but is sometimes referred to as Oracle Corporation, the name of the holding company.

In 2005, Oracle Corporation acquired PeopleSoft, an ERP company, and in 2006 Siebel, a CRM company.

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In 2008 Oracle Corporation acquired BEA Systems, an enterprise infrastructure software company and in 2010 it acquired Sun Microsystems, a computer hardware and software company.

On December 20, 2021, Oracle Corporation announced the acquisition of Cerner, a health information technology company.

Oracle Corporation has acquired and developed the following additional database technologies:.

Oracle Corporation Fusion Middleware is a family of middleware software products, including application server, system integration, business process management (BPM), user interaction, content management, identity management and business intelligence (BI) products.

Oracle Corporation has started a drive toward "wizard"-driven environments with a view to enabling non-programmers to produce simple data-driven applications.

Oracle Corporation develops and supports two operating systems: Oracle Solaris and Oracle Linux.

Oracle Cloud is a cloud computing service offered by Oracle Corporation providing servers, storage, network, applications and services through a global network of Oracle Corporation managed data centers.

Oracle Corporation allows these services to be provisioned on demand over the Internet.

Oracle Corporation Cloud provides Infrastructure as a Service, Platform as a Service (PaaS), Software as a Service (SaaS) and Data as a Service (DaaS).

Oracle Corporation eventually had to restate its earnings twice, and settled class-action lawsuits arising from its having overstated its earnings.

Informix claimed that Oracle Corporation had hired away Informix engineers to disclose important trade secrets about an upcoming product.

Once it had overcome Informix and Sybase, Oracle Corporation enjoyed years of dominance in the database market until use of Microsoft SQL Server became widespread in the late 1990s and IBM acquired Informix Software in 2001.

Today Oracle Corporation competes for new database licenses on UNIX, GNU, and Windows operating systems primarily against IBM's Db2 and Microsoft SQL Server.

On March 22, 2007, Oracle Corporation sued SAP, accusing them of fraud and unfair competition.

Business intelligence vendors can be categorized into the "big four" consolidated BI firms such as Oracle Corporation, who has entered BI market through a recent trend of acquisitions, and the independent "pure play" vendors such as MicroStrategy, Actuate, and SAS.

Oracle Corporation Financials was ranked in the Top 20 Most Popular Accounting Software Infographic by Capterra in 2014, beating out SAP and a number of their other competitors.

In 2004, Oracle Corporation began to increase its interest in the enterprise-applications market.

Oracle Corporation produces and distributes the "Oracle ClearView" series of videos as part of its marketing mix.

Oracle Corporation is one of the approved employers of ACCA and the median employee compensation rate was $89, 887.

In 2000, Oracle Corporation attracted attention from the computer industry and the press after hiring private investigators to dig through the trash of organizations involved in an antitrust trial against Microsoft.

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In 2002, Oracle Corporation marketed many of its products using the slogan "Can't break it, can't break in", or "Unbreakable".

Oracle Corporation stressed the reliability of networked databases and network access to databases as major selling points.

In 2004, then-United States Attorney General John Ashcroft sued Oracle Corporation to prevent it from acquiring a multibillion-dollar intelligence contract.

Oracle Corporation was awarded a contract by the State of Oregon's Oregon Health Authority to develop Cover Oregon, the state's healthcare exchange website, as part of the U S Patient Protection and Affordable Care Act.

The lawsuit, which demands a jury trial, alleges that Oracle Corporation has engaged in "deliberate and purposeful surveillance of the general population via their digital and online existence", specifically focusing on Oracle Corporation operating a surveillance machine which tracks in real-time and records indefinitely the personal information of hundreds of millions of people.

The litigants against Oracle Corporation argue that through such surveillance, the company violates the Federal Electronic Communications Privacy Act, California's state constitution, the California Invasion of Privacy Act, competition law, and California Common Law.

In 2012 Oracle Corporation agreed to pay about $2 million to the Securities and Exchange Commission.

In 2022 the Securities and Exchange Commission announced settled charges requiring Oracle Corporation to pay more than $23 million to resolve charges that it violated provisions of the Foreign Corrupt Practices Act when subsidiaries in Turkey, the United Arab Emirates, and India created and used slush funds to bribe foreign officials in return for business between 2016 and 2019.

Since the acquisition, Oracle Corporation has discontinued OpenSolaris and StarOffice, and sued Google over the Java patents Oracle Corporation acquired from Sun.

In 2010, Oracle Corporation sued Google for copyright infringement for the use of the 37 Java packages.

In February 2017, Oracle filed another appeal to the U S Court of Appeals for the Federal Circuit.

On September 6, 2010, Oracle Corporation announced that former Hewlett-Packard CEO Mark Hurd was to replace Charles Phillips, who resigned as Oracle Corporation co-president.

Oracle Corporation expressed no interest in sponsoring the new project and asked the OpenOffice.

On June 15, 2011, HP filed a lawsuit in California Superior Court in Santa Clara, claiming that Oracle Corporation had breached an agreement to support the Itanium microprocessor used in HP's high-end enterprise servers.

Oracle Corporation called the lawsuit "an abuse of the judicial process" and said that had it known SAP's Leo Apotheker was about to be hired as HP's new CEO, any support for HP's Itanium servers would not have been implied.

HP argued Oracle Corporation's canceling support damaged HP's Itanium server brand.

Oracle Corporation had announced that it would appeal both the decision and damages, but the decision stayed.

In September 2022, Oracle settled with the U S Securities and Exchange Commission without admitting or denying its findings, by agreeing to pay $23 million to settle the charges.

The SEC announced that Oracle Corporation violated the FCPA between 2014 and 2019 when its subsidiaries in India, Turkey and UAE created slush funds to bribe foreign officials in order to win business.

Oracle Corporation has previously used this portal for around four hundred million dollars a year in revenue.

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Oracle Corporation previously settled a lawsuit filed under the False Claims Act, which accused the company of overbilling the US government between 1998 and 2006.

On September 13, 2020, Bloomberg News reported that Oracle won a bidding war with other U S -based companies to take over social media company TikTok's operations in the United States following the company's pressure to forcibly be shut down by the Trump Administration.

On September 19, 2020, the Trump Administration approved of the sale of TikTok's US operations to Oracle Corporation "[delaying] — by one week — restrictions that were originally to take effect" on September 20 as indicated by the United States Department of Commerce.

Oracle Corporation has plans to build its largest office hub, with 8500 jobs, in Nashville within the next few decades.

Oracle Corporation has a large office complex located on the San Francisco Peninsula in the Redwood Shores area of Redwood City, adjacent to Belmont and near San Carlos Airport.

Oracle Corporation originally leased two buildings on the Oracle Parkway site, moving its finance and administration departments from the corporation's former headquarters on Davis Drive, Belmont, California.

Oracle Corporation has a major business campus at Thames Valley Park in Reading in England.

Oracle Corporation operates in multiple markets and has acquired several companies which formerly functioned autonomously.

On October 20, 2006, the Golden State Warriors and the Oracle Corporation announced a 10-year agreement in which the Oakland Arena would become known as the Oracle Arena.