Oracle Corporation, based in Austin, Texas, is one of the world’s leading technology companies, specializing in database software, cloud services, enterprise software, and hardware systems. Founded in 1977 by Larry Ellison, Bob Miner, and Ed Oates, Oracle began as a database software company and has since grown into a global conglomerate providing cutting-edge solutions in various areas of enterprise technology. Oracle is best known for its Oracle Database, which remains one of the most widely used relational database management systems in the world.
Over the decades, Oracle has expanded its offerings, venturing into cloud infrastructure with Oracle Cloud and becoming a leader in enterprise resource planning (ERP) systems, customer relationship management (CRM), and human capital management (HCM) solutions. Its innovative technologies have helped businesses worldwide optimize their operations and improve efficiency. Today, Oracle is valued at over $300 billion and operates in more than 175 countries.
CEO and Founder of Oracle
Oracle was co-founded in 1977 by Larry Ellison, alongside Bob Miner and Ed Oates. Ellison served as the company’s CEO for many years, steering Oracle from a small database firm to a global tech leader. Known for his ambitious vision and leadership, Ellison was instrumental in Oracle’s expansion into enterprise software, cloud computing, and hardware. In 2014, Ellison stepped down as CEO and took on the role of Executive Chairman and Chief Technology Officer (CTO). The current CEO of Oracle is Safra Catz, who has been a key figure in Oracle’s management for several years, overseeing its strategic acquisitions and growth.
List of Top Companies Under Oracle Corporation
Oracle has acquired several companies over the years to strengthen its position in cloud computing, software, and database technologies. Below is a list of the top companies owned by Oracle along with their approximate valuations:
| Company Name | Year Acquired/Founded | Valuation | Industry |
|---|---|---|---|
| NetSuite | 2016 (Acquired) | $9.3 Billion | Cloud ERP Solutions |
| Sun Microsystems | 2010 (Acquired) | $7.4 Billion | Hardware, Software (Java) |
| PeopleSoft | 2005 (Acquired) | $10.3 Billion | Enterprise Resource Planning (ERP) |
| BEA Systems | 2008 (Acquired) | $8.5 Billion | Middleware Software |
| Eloqua | 2012 (Acquired) | $871 Million | Marketing Automation Software |
| Hyperion Solutions | 2007 (Acquired) | $3.3 Billion | Business Intelligence Software |
| Taleo | 2012 (Acquired) | $1.9 Billion | Talent Management Software |
| BlueKai | 2014 (Acquired) | $400 Million | Data Management Platform |
| RightNow Technologies | 2011 (Acquired) | $1.5 Billion | Cloud-Based Customer Service Software |
| Cerner Corporation | 2022 (Acquired) | $28.3 Billion | Health Information Technology Solutions |
FAQs About Oracle Corporation
Q1: When was Oracle Corporation founded and by whom?
A: Oracle Corporation was founded in 1977 by Larry Ellison, Bob Miner, and Ed Oates. It began as a database software company and has since become a global technology leader.
Q2: Who is the current CEO of Oracle Corporation?
A: The current CEO of Oracle is Safra Catz, who has held the position since 2014. Larry Ellison remains the Executive Chairman and Chief Technology Officer.
Q3: What is Oracle best known for?
A: Oracle is best known for its database management systems (Oracle Database), cloud infrastructure (Oracle Cloud), and enterprise software solutions, including ERP, CRM, and HCM software.
Q4: What are some top companies acquired by Oracle?
A: Some top companies acquired by Oracle include NetSuite, Sun Microsystems, PeopleSoft, and Cerner Corporation. These acquisitions have helped Oracle expand its product offerings in cloud computing, enterprise software, and health information technology.
Q5: What is Oracle’s market capitalization?
A: As of 2024, Oracle’s market capitalization exceeds $300 billion, making it one of the most valuable technology companies in the world.
Q6: What are Oracle's key products?
A: Oracle’s key products include Oracle Database, Oracle Cloud, Java, and various enterprise software applications for ERP, CRM, and HCM.
