Oracle has confirmed that it will soon move its global headquarters to Nashville, Tennessee, in an effort to position the company closer to a major healthcare hub.
The announcement, made by company chairman Larry Ellison at the Oracle Health Summit, marks a surprising shift from the company’s previous decision to move its headquarters from Silicon Valley to Austin, Texas, in 2020.
Ny Breaking asked Oracle to share more information about the move, but the company did not immediately respond.
Oracle moves to epicenter in healthcare
The hour-long interview, shared on Oracle Health LinkedIn pagesees Ellison explain some of the reasons behind the cloud company’s decision to relocate again.
Ellison explained that Nashville was chosen because it is a healthcare hub, and that Oracle could benefit from being more closely connected to that “community” – a word he expressed by choosing specifically. The chairman also highlighted the city’s vibrant culture, family-friendly environment and the fact that many Oracle employees had expressed a desire to live and work there.
Nashville’s journey as a healthcare center began with the founding of HCA Healthcare in 1968, attracting several other healthcare institutions in the decades that followed.
Between the most recent move and today, Oracle acquired Cerner for $28 billion. The 2022 acquisition gave the company the resources and experience of the Missouri-based EHR management software company.
The new campus, designed by Norman Foster, is described as a park-like setting with office buildings, a community clinic (which isn’t shocking considering the company’s increasing involvement in healthcare), restaurants, a hotel and even a concert venue. with a floating stage on a lake.