Oracle founder Larry Ellison announced Tuesday that he plans to move the software giant's headquarters to Nashville, Tennessee, which he added is the center of the health care industry.
Ellison sat down with former Senate Majority Leader Bill Frist for an onstage conversation in Nashville, which Oracle Health shared on the social media platform LinkedIn on Tuesday.
The founder and CEO told Frist that his company will move its “mega-campus” to Nashville, and it will “ultimately be our global headquarters.”
“I shouldn't have said that,” Ellison said quickly, but there was no holding back as he revealed information about his company's future.
Ellison said Oracle's move to Nashville will position his company as one of the major players in the health care industry, an industry in which Oracle is looking to expand its position.
In 2022, Oracle acquired Cerner for $28 billion.
The Kansas City, Missouri-based company provides software for managing electronic health records.
While Ellison spoke about the company's plans to relocate, he said Nashville is a “great place to live.”
“It's a great place to raise a family. It has a unique, vibrant culture. When we surveyed our employees, and a large number of employees, Nashville ticked all the boxes,” Ellison said.
He also said that Nashville is “the center of industry that we care about most, which is.” Health care sector“.
Norman Foster, who designed Apple Park in Cupertino, California, is designing Oracle's new campus in Nashville, which will be “right on the river.”
The CEO said the new campus will not look like a corporate campus, but will instead be a park with buildings.
The news site will contain office buildings, a community clinic, restaurants, hotels and a concert venue — a floating stage on the lake for concerts for the community, Ellison said.
“We want to be part of the community,” he said. “Our people love it here. We believe it is the center of our future.”
Oracle did not immediately respond to Fox News Digital's inquiries about the announcement.
Oracle Corporation is currently headquartered in Austin, Texas. She moved there in 2020, after leaving Redwood Shores, California.
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