Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major heal

Oracle is moving its world headquarters to Nashville to be closer to health-care industry

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2024-04-24 01:00:06

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter.

In a wide-ranging conversation with Bill Frist, a former U.S. Senate Majority Leader, Ellison said Oracle is moving a "huge campus" to Nashville, "which will ultimately be our world headquarters." He said Nashville is an established health center and a "fabulous place to live," one that Oracle employees are excited about.

"It's the center of the industry we're most concerned about, which is the health-care industry," Ellison said.

The announcement was seemingly spur-of-the-moment. "I shouldn't have said that," Ellison told Frist, a longtime health-care industry veteran who represented Tennessee in the Senate. The pair spoke during a fireside chat at the Oracle Health Summit in Nashville.

Oracle moved its headquarters from Silicon Valley to Austin, Texas, in 2020. The company has been making a major push into health care in recent years, most notably with its $28 billion acquisition of the medical records software giant Cerner. Ellison said Tuesday that Oracle is relatively new to the health-care sector, but he believes the company has a "moral obligation" to solve problems facing the industry.