Oracle Chairman Larry Ellison announced (https://www.cnbc.com/2024/04/23/oracle-is-moving-its-world-hq-to-nashville.html)  on Tuesday that the company plans to relocate its global headquarters from Austin, Texas, to Nashville, Tennessee. This move aims to position Oracle closer to a major hub in the health-care industry, which Ellison identifies as a critical focus area for the company.

During a fireside chat with Bill Frist at the Oracle Health Summit, he highlighted Nashville’s established health center credentials and its appeal as a place to live. The announcement, which Ellison remarked was unplanned, underscores the strategic shift Oracle is making towards the healthcare sector, bolstered by their recent $28 billion acquisition of Cerner, a key player in medical records software.

The announcement occurs around the 57-minute mark of this discussion.

Source: https://www.cnbc.com/2024/04/23/oracle-is-moving-its-world-hq-to-nashville.html