About Oracle Corporation (ORCL)

Company Description:

Oracle Corporation is a global entity that specializes in developing and marketing database software and technology, cloud engineered systems, and enterprise software products. It is particularly known for its own brands of database management systems.

The company was founded by Lawrence J. Ellison, Bob Miner, and Ed Oates on June 16, 1977, and has its headquarters in Austin, Texas, United States.

Main Product(s):

Oracle's offerings encompass a wide array of software and hardware products as well as services. Its primary focus is on cloud-based solutions and services, database technologies, enterprise resource planning (ERP) software, and supply chain management (SCM) software.

Short History of Oracle Corporation:

• 1977 – Oracle Corporation was founded by Larry Ellison, Bob Miner, and Ed Oates.
• 1986 – Oracle held its initial public offering (IPO).
• 1992 – Introduced the first version of Oracle 7 database software.
• 2004 – Initiated a series of acquisitions including PeopleSoft.
• 2010 – Acquired Sun Microsystems, expanding their portfolio to include Java.
• 2016 – Transitioned further into cloud computing, launching several new services and capabilities.
• 2023 – Continues to be a leading provider in database and cloud services.