Oracle

Oracle Corporation is an American hardware and software manufacturer with headquarters in Redwood City (Silicon Valley), California. The company specializes in the development and marketing of computer hardware and software for business customers - especially the Oracle Database system. Oracle is one of the world's largest software manufacturers by sales. Oracle has more than 138,000 employees and 430,000 customers in 175 countries. In addition to the database product Oracle Database, Oracle manufactures and sells the Oracle Fusion middleware as well as the Oracle Application Server and Oracle WebLogic JEE servers. Oracle is currently the world's second-largest software company, but is said to have beaten Microsoft, its number-one rival, in the race to acquire TikTok.

Oracle had an extremely bold strategy when spending $ 10.3 billion on PeopleSoft. Because of this, the Department of Justice in the US filed a civil lawsuit under the Antitrust Act aimed at preventing Oracle from devouring business rivals at the same time, fearing it would upset the balance of software supply. Enterprise financial management software. Without hesitation or hesitation about his strategy, Larry Ellison vigorously spent 18 months of intense negotiations against the above allegations, successfully acquiring Peoplesoft for the equivalent of $ 10.3 billion. In 1979, Oracle released the first relational database management system on the market. This system gives corporate executives better access to information and helps them run the company more efficiently. The tools that Oracle developed later in the 1980s helped businesses get data and allowed computer designers to build business applications. Ellison - Oracle's chief technology officer is always involved in the development of this software, redesigning it to be compatible with cloud computing technology.

Founded: 1977

Headquarter: Santa Clara, California, U.S.A

Website: https://www.oracle.com/