Larry Ellison, co-founder and chairman of Oracle, spoke about the company’s future plans during the Oracle OpenWorld 2017 conference in San Francisco on October 3, 2017. In a conversation with former U.S. Senate Majority Leader Bill Frist, Ellison revealed that Oracle is moving its world headquarters to Nashville, Tennessee. He explained that this move is to bring the company closer to a major health-care epicenter.
Ellison highlighted that Nashville is the hub of the health-care industry, which is of significant interest to Oracle. This announcement was somewhat spontaneous, with Ellison admitting, “I shouldn’t have said that,” during the conversation with Frist. The pair spoke during the Oracle Health Summit in Nashville. While the news of Oracle’s headquarters move to Nashville had an impact, shares of the company remained mostly flat in extended trading.
In 2020, Oracle moved its headquarters from Silicon Valley to Austin, Texas, and the company has been focusing on expanding its presence in the health-care sector. Ellison explained that despite being relatively new to health care, it considers it a moral obligation to help address challenges within the industry. Nashville has a long history as a key player in the health-care landscape, with a thriving network of health systems, startups, and investment firms. HCA Healthcare, a significant for-profit hospital company, was founded in Nashville in 1968, establishing the city’s reputation as a health-care hub.
Over the years, Nashville has attracted numerous health-care professionals and organizations
