Oracle Corporation – Company Overview
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| Company | Oracle Corporation |
| Headquarters | 500 Oracle Parkway, Redwood Shores, CA 94065, US |
| CEO | Safra A. Catz and Mark Hurd |
| Chairman of the board | Larry Ellison |
| Industry | Software |
| Type | Public |
| Founders | Larry Ellison, Bob Miner and Ed Oates |
| Founded | 1977 |
| NYSE stock symbol | ORCL |
| Net Revenues | $37,047 million USD (2016) |
| Operating income | $12,602 million USD (2016) |
| Net earnings | $8,901 million USD (2016) |
| Employees | 136,000 (2016) |
| Website | https://www.oracle.com/ |
| IR contact number | +1.650.506.4073 |
| IR email address | [email protected] |
Oracle Corporation is one of the largest software companies in the world (behind Microsoft).
The company, which is based in California, develops and markets computer hardware systems, software products, and database development tools.
Larry Ellison, Bob Miner, and Ed Oates founded the company in 1977 under the name Software Development Laboratories (SDL).
Two years later the three changed the name of the company to Relational Software, Inc and the first version of the Oracle database software ran on PDP-11 hardware.
With the success of its Oracle database software, RSI decided to change its name to something more closely related to its primary products. In 1982 it changed its name to Oracle Systems Corporation.
In 1986 Oracle went public and made an initial public stock offering of 2.1 million shares on the NASDAQ exchange – and reported annual revenue of $55 million USD.
In 1989 the company made a move to prepare for the internet boom, developing database support of online transaction processing. The same year Oracle moved its headquarters to its campus at Redwood Shores, California.
In 1995, the company changed its name to Oracle Corporation.
Larry Ellison, Founder and CEO of Oracle, said the following in 1998: “If the internet turns out not to be the future of computing, we’re toast. But if it is, we’re golden.”
Oracle Corporation – Products and Services
Oracle focuses on providing integrated business software, development software, various databases, application products, and hardware systems.
Software products: Oracle Designer, Oracle Developer, Oracle JDeveloper, NetBeans, Oracle Application Express (APEX), Oracle SQL Developer, Oracle SQL Plus Worksheet, OEPE, Oracle Enterprise Pack for Eclipse.
Database products: Oracle Database, Oracle Rdb, TimesTen, Oracle Essbase, MySQL, Oracle NoSQL Database.
Application products: Oracle Fusion Applications, Oracle Social Engagement and Monitoring System, Oracle E-Business Suite, PeopleSoft Enterprise, JD Edwards EnterpriseOne.
Services: Oracle Academy, Oracle Cloud Platform Services, Oracle Consulting, Oracle Database Cloud Service, Oracle Financing, Oracle On Demand, Oracle Support, Oracle University
Company acquisitions: 360Commerce (January 2006), AdminServer (May 2008), Advanced Visual Technology (AVT) (October 2008), Agile (May 2007), AmberPoint (February 2010), AppForge (April 2007), ATG (November 2010), BEA (January 2008), Bharosa (July 2007), Bridgestream (September 2007), Captovation (January 2008), ClearApp (September 2008), Conformia Software (June 2009), Context Media (July 2005), Convergin (February 2010), Datanomic (April 2011), DataScaler (October 2010), Demantra (June 2006), Endeca (October 2011), eServGlobal’s Universal Service Platform (USP) (May 2010), e-Test (acquired from Empirix) (March 2008), FatWire (June 2011), G-Log (September 2005), Global Knowledge Software (GKS) (July 2008), GoAhead (September 2011), GoldenGate (July 2009), Haley (October 2008), HotSip (February 2006), Hyperion (March 2007), HyperRoll (September 2009), i-flex (August 2005), Innobase (October 2005), InQuira (July 2011), Interlace Systems (October 2007), Java (April 2009), Ksplice (July 2011), LODESTAR (April 2007), LogicalApps (October 2007), Market2Lead (May 2010), MetaSolv Software (October 2006), Moniforce (December 2007), mValent (February 2009), Ndevr (February 2011), Net4Call (April 2006), Netsure Telecom Limited (September 2007), Oblix (March 2005), OctetString (November 2005), Passlogix (October 2010), PeopleSoft (January 2005), Phase Forward (April 2010), Pillar Data Systems (June 2011), Portal Software (April 2006), Primavera (October 2008), ProfitLogic (July 2005), Relsys (March 2009), Retek (April 2005), RightNow (October 2011), Secerno (May 2010), Siebel (January 2006), Sigma Dynamics (August 2006), Silver Creek Systems (January 2010), Skywire Software (June 2008), Sleepycat (February 2006), SPL WorldGroup (November 2006), Sophoi (October 2009), Stellent (November 2006), Sun (April 2009), Sunopsis (October 2006), Tacit Software (November 2008), Tangosol (March 2007), Telephony@Work (June 2006), TempoSoft (December 2005), Thor Technologies (November 2005), TimesTen (June 2005), TripleHop (June 2005), Virtual Iron (May 2009)
Oracle Corporation – Financial Results
| Key figures (in millions of USD) | 2016* | 2015* |
| Revenues | $37,047 | $38,226 |
| Operating expenses | $24,443 | $24,355 |
| Operating income | $12,604 | $24,355 |
| Net income | $8,901 | $9,938 |
| Total assets | $112,180 | $110,903 |
| Cash and cash equivalents at beginning of period | $49,098 | $47,447 |
| Cash and cash equivalents at end of period | $47,790 | $49,098 |
*For the years ended May 31, 2016 and 2015
Source: “Oracle Corporation – 2016 Form 10-K”