Oracle Corporation
American multinational computer corporation
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2025 | Oracle plans to reduce its carbon emissions by 26% compared to the 2015 base year. |
February 2025 | Oracle denied all claims made by Deno Land regarding the JavaScript trademark, rejecting their arguments for trademark cancellation. |
February 2025 | Oracle listed Meridianbet, a Southeast European sports betting company, on its Global Tech Reference Page. |
January 2025 | President Donald Trump announced Stargate, a joint venture by Oracle, OpenAI, SoftBank, and MGX to invest $500 billion over four years in artificial intelligence infrastructure in the US. |
2024 | Continued growth with revenue increasing to $52,961 million and net income of $10,467 million, with workforce at 159,000 employees. |
November 2024 | The Millennium system implementation began at some Västra Götaland healthcare facilities. However, the rollout was immediately halted due to serious transcription problems that posed patient risks, forcing a return to previous systems and an indefinite delay. |
November 2024 | Deno Land filed a petition with the US Patent and Trademark Office to cancel Oracle's registered trademark for 'JavaScript', challenging the trademark's legitimacy. |
September 2024 | Oracle announced significant investments in Cerner's core clinical operations, including tens of thousands of engineering hours and millions of dollars, and released the Oracle Clinical Digital Assistant, a generative AI system for creating consultation documentation and proposing medical orders. |
July 2024 | Oracle settled the class action lawsuit by paying $115 million to customers and agreeing to cease user tracking practices. |
July 1 2024 | Oracle VM Server for x86 entered sustaining support, effectively ending active development and new patch releases. The platform was replaced by Oracle Linux Virtualization Manager, which uses KVM and OVirt technologies. |
June 2024 | Announced a $1 billion investment in Spain to enhance artificial intelligence and cloud computing, creating a new cloud region in Madrid in partnership with Telefónica. |
May 2 2024 | Oracle Database 23ai was released on Oracle Cloud Infrastructure (OCI), offering cloud services including OCI Exadata Database Service, OCI Exadata Database Cloud@Customer, and OCI Base Database Service. The release was renamed from 23c to 23ai to highlight its new AI capabilities. |
April 2024 | Announced plans to move world headquarters from Austin to a new complex in Nashville, Tennessee. |
March 2024 | South Africa's Special Investigating Unit discovered conflicts of interest, irregular processes, and non-compliance in Oracle's contract, and announced plans to petition for blacklisting Oracle, cancelling the contract, and recovering paid funds. |
March 8 2024 | Biden announced he would sign a bipartisan bill banning TikTok in the United States if ByteDance does not divest from the company. |
February 2024 | Oracle denied all claims made by Deno Land regarding the JavaScript trademark, rejecting allegations of trademark misuse. |
2023 | Oracle ranked 80th in the Forbes Global 2000 list of the world's largest companies. |
2023 | Significant growth with revenue reaching $49,954 million, employee count expanding to 164,000, and stock price rising to $104.69. |
2023 | Oracle was contracted by the Heritage Foundation to create a database of potential conservative employees for staffing a Republican administration through Project 2025, aimed at preparing for a potential Republican presidency in 2025. |
November 2023 | OpenELA publicly released Enterprise Linux source code and achieved significant technical and governance milestones. |
September 2023 | Oracle Database released on Base Database Service |
August 2023 | CIQ, Oracle, and SUSE founded the Open Enterprise Linux Association (OpenELA) to collaborate on Enterprise Linux as an open source project, aimed at providing open and free Enterprise Linux source code. |
July 2023 | HPE and Supermicro announced support for Oracle Linux on their Arm-based servers, expanding the operating system's hardware compatibility. |
April 2023 | Oracle Database Free - Developer Release launched for Linux |
February 2023 | Announced a $1.5 billion investment in the Kingdom of Saudi Arabia, including opening a data centre in Riyadh. |
February 27 2023 | Biden changed his stance on TikTok, echoing Trump's 2020 concerns by ordering federal agencies to remove TikTok from all federal devices within thirty days, with federal contractors required to do the same within ninety days. |
2022 | Red Bull Racing team name changed to Oracle Red Bull Racing. |
2022 | The director of the Västra Götaland region sent a letter to Cerner alleging a breach of contract for the Millennium system deployment, highlighting numerous unaddressed system issues. |
2022 | Company workforce increased to 143,000 employees, with revenue growing to $42,440 million. |
2022 | Oracle was awarded a $9 billion cloud computing contract from the United States Department of Defense, shared with Amazon, Google, and Microsoft. |
2022 | Umang Gupta, former vice president and general manager, passes away. |
September 2022 | Oracle settled with the U.S. Securities and Exchange Commission (SEC) by agreeing to pay $23 million to resolve Foreign Corrupt Practices Act (FCPA) violations involving its subsidiaries in India, Turkey, and the United Arab Emirates. |
August 2022 | A class action lawsuit was filed against Oracle by Lieff Cabraser, alleging deliberate surveillance of users by tracking personal information without consent. |
July 2022 | Discussions between Oracle and Joe Gibbs Racing for a potential sponsorship were reported to have fallen through. |
July 2022 | Oracle completed the Cerner acquisition after receiving final approval from European regulators, officially bringing Cerner into Oracle Health and Oracle Life Sciences. |
June 8 2022 | Completed the acquisition of Cerner for US$28.3 billion in cash. |
May 2022 | Oracle Service was updated to embed data from the Oracle Unity Customer Data Platform, enhancing its data integration capabilities. |
May 6 2022 | Oracle acquired AdiInsights, a workforce management technology company specializing in overtime management, time capture, demand forecasting, and shift scheduling. |
January 4 2022 | Oracle acquired Verenia, a NetSuite CPQ company founded by Victorio Pellicano. |
2021 | Oracle released Oracle Dynamic Skills, a comprehensive tool suite designed to help companies manage employee skills and identify skill gaps. The tool includes three key components: Skills Nexus (AI-powered skills profile definition), Skills Advisor (skills recommendation engine), and Skills Center (employee skills and career growth portal). |
2021 | Oracle achieved a peak net income of $13,746 million, with stock price reaching $83.85 and employee count at 132,000. |
2021 | Oracle began sponsoring the Red Bull Racing Formula One team. |
December 2021 | Announced acquisition of Cerner, a health information technology company, and Federos, an AI and automation tools company. |
December 20 2021 | Oracle announced an agreement to acquire Cerner Corporation for approximately $28.3 billion, creating a dedicated Industry Business Unit within the company and marking Oracle's largest acquisition. |
September 2021 | Oracle announced Oracle Fusion Marketing, an AI-powered solution designed to automate B2B marketing campaign and lead generation processes. |
August 2021 | Oracle Database 21.1.0 released for Linux |
August 19 2021 | Announced Dr. David Feinberg will become President and CEO, effective October 1, 2021. |
June 25 2021 | Oracle acquired GloriaFood, an online food ordering systems company founded by Oliver Auerbach. |
May 2021 | Oracle released in-game measurement within Oracle Moat Measurement, allowing companies to measure ad effectiveness in 3D video games. Also updated its Subscription Management product. |
February 2021 | Oracle Service was updated with a new interface and data set, and added a digital customer service assistant. |
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