Oracle Is Moving to Nashville to Focus on Health Care [BNN Bloomberg (Canada)]
AllianceBernstein Holding L.P. Units (AB)
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Source: BNN Bloomberg
At the company's health care summit in Nashville on Tuesday, Chairman Larry Ellison said Oracle is developing a health campus in the city that will “ultimately be our world headquarters.” Nashville's status as a health center makes it attractive, Ellison said in a conversation with Bill Frist, a physician and former US Senate majority leader, at the conference. Oracle, best-known for its database technology, moved its headquarters from Silicon Valley to Austin, Texas, in 2020, saying the shift would give more flexibility to workers. The company still maintains a large employee base in California, even after the move. Since then, Oracle has shifted its focus to the health care industry and bought electronic health records company Cerner for $28 billion. Oracle “is now going to be at the center of the next generation of health care,” Ellison said in December 2022. Three years ago, Oracle pledged to create 8,500 jobs by 2031 in the region as part of a $1.35 billion office developm
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AB
Earnings
- 4/25/24 - Beat
AB
Sec Filings
- 4/25/24 - Form 8-K
- 4/25/24 - Form 10-Q
- 4/9/24 - Form 8-K
- AB's page on the SEC website