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Oracle Is Moving Its World Headquarters To Nashville
slashdot ^

Posted on 04/23/2024 7:38:56 PM PDT by algore

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.

CNBC reports:

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.

Nashville has been a major player in the health-care scene for decades, and the city is now home to a vibrant network of health systems, startups and investment firms. The city's reputation as a health-care hub was catalyzed when HCA Healthcare, one of the first for-profit hospital companies in the U.S., was founded there in 1968.

HCA helped attract troves of health-care professionals to Nashville, and other organizations quickly followed suit. Oracle has been developing its new $1.2 billion campus in the city for about three years, according to The Tennessean. "Our people love it here, and we think it's the center of our future," Ellison said.

(Excerpt) Read more at developers.slashdot.org ...


TOPICS: Heated Discussion
KEYWORDS: profit
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As much as I wanted to punch Larry in the face for a long time, I realize now he just spoke the truth and I didn't want to believe it.

Sorry Larry.

P.S. I still don't like you.

1 posted on 04/23/2024 7:38:56 PM PDT by algore
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To: algore

States that don’t have income tax continue to win companies.


2 posted on 04/23/2024 7:40:57 PM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: ConservativeMind

What’s the health care provider? It isn’t kaiser.

Can’t go wrong with Tennessee.


3 posted on 04/23/2024 7:43:37 PM PDT by DIRTYSECRET
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To: algore

Nashville is a place where healthcare money is spent.

If you’re talking about actually making medical products to export you’re talking about New Jersey, North Carolina, Jacksonville, Memphis, Fort Wayne, Minneapolis, Arizona, etc.

Those are the places medical products are actually made and aren’t just paper pushing operations.

Don’t get me wrong, Nashville area is great, it’s just not a major hub of medical manufacturing.


4 posted on 04/23/2024 7:44:14 PM PDT by packagingguy
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To: algore

“...to be closer to a major health-care epicenter.” Sure. That’s as believable as a politician or company exec saying he is quitting to spend more time with his family.

Ellison said it is a “fabulous place to live, one that Oracle employees are excited about.” Sure they are. Of course, there probably ARE a lot who never had a chance of owning a home in California that are happy to move. But many will find TN way too provincial and not aligned with their political views.

I had not heard this: “Oracle has been developing its new $1.2 billion campus in the city for about three years.” I remember when Oracle built their massive complex at Redwood Shores. Doesn’t seem that long ago.


5 posted on 04/23/2024 7:46:28 PM PDT by ProtectOurFreedom (“When exposing a crime is treated like a crime, you are being ruled by criminals” – Edward SnowdenA)
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To: DIRTYSECRET

I assume he would be writing software that is specialized for healthcare. He probably needs a test centre for the products.


6 posted on 04/23/2024 7:47:56 PM PDT by Jonty30 (He hunted a mammoth me, just because I said I was hungry. He is such a good friend. )
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To: ProtectOurFreedom

Subconsciously I just don’t like the words

“major health-care epicenter”

No idea why


7 posted on 04/23/2024 7:49:21 PM PDT by algore
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To: algore

What truth did he speak?


8 posted on 04/23/2024 7:50:18 PM PDT by Jonty30 (He hunted a mammoth me, just because I said I was hungry. He is such a good friend. )
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To: algore

LOL...”epicenter” gives all those ex-Californians the shakes.


9 posted on 04/23/2024 7:52:18 PM PDT by ProtectOurFreedom (“When exposing a crime is treated like a crime, you are being ruled by criminals” – Edward SnowdenA)
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To: algore

I’m so old Nashville means Grand Ole Opry .

…….


10 posted on 04/23/2024 7:54:15 PM PDT by Mears
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To: algore

Austin didn’t work out? Better TN than going back to CA, that’s for sure.


11 posted on 04/23/2024 7:56:19 PM PDT by mikey_hates_everything
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To: algore

San Francisco/San Jose isn’t a “major health-care epicenter”?

Everybody they bring from California will go on voting for the same policies and taxes they voted for in California, so it would have been better for Tennessee to tell them to go someplace else.


12 posted on 04/23/2024 7:56:28 PM PDT by x
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To: ProtectOurFreedom

They can’t buy a home in California because the Ellisons own half of ‘em. I’m only partly joking but I think Ellison owns a couple dozen in Malibu alone. His two children are entertainment moguls of their own and also own multiple properties. And of course Ellison owns nearly the entire Hawaiian island of Lanaii. He bought it from the Dole company for a cool $500 million after they moved their pineapple supply to the Phillipines and didn’t need the land anymore.


13 posted on 04/23/2024 7:59:40 PM PDT by monkeyshine (live and let live is dead)
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To: algore

More american refugees and companies fleeing to red and southern states to destroy those areas. Migration always destroys.


14 posted on 04/23/2024 8:12:30 PM PDT by Theoria
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To: ProtectOurFreedom
LOL...”epicenter” gives all those ex-Californians the shakes.

In about 1 1/2 months we'll see if the gravitational pulls of the sun, moon, etc. from the last 2 eclipse events causes a repeat of the New Madrid earthquake.

If so it will make what Californians have experience so far look like minor little shakes.

15 posted on 04/23/2024 8:31:59 PM PDT by Mogger (AreIn bookstores is a very expensive, beautifully bound in green leather Holy Koran. If one was goin)
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To: monkeyshine
I worked with Ellison's first wife, Adda Quinn, whom he married in 1967, in the late 70s and early 80s. From "Market Realist":
Quinn described Ellison as “the most charismatic man she had ever met,” but it seemed that charisma was not enough to pull them through the difficult financial challenges they faced in their marriage. By 1974, Quinn was tired of Ellison’s extravagant spending and his dreams of becoming a millionaire, so she filed for divorce. He would go on to found his own software development company four years later.
Adda never once mentioned her years with Ellison and I learned of it quite by accident (or maybe office gossip). She was a great person. But what a life mistake!
16 posted on 04/23/2024 8:45:46 PM PDT by ProtectOurFreedom (“When exposing a crime is treated like a crime, you are being ruled by criminals” – Edward SnowdenA)
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To: ProtectOurFreedom
By 1974, Quinn was tired of Ellison’s extravagant spending and his dreams of becoming a millionaire, so she filed for divorce. He would go on to found his own software development company four years later.

Reminds me of Ray Kroc and his first wife, as depicted in "The Founder".

17 posted on 04/23/2024 8:47:08 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: algore

Where is it now?


18 posted on 04/23/2024 8:47:55 PM PDT by Ge0ffrey
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To: algore

Oracle’s oil drum shaped buildings have been a signature in the Bay Area since the 90’s.
This is huge!


19 posted on 04/23/2024 8:53:17 PM PDT by Zathras
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To: DIRTYSECRET
"Can’t go wrong with Tennessee."

I moved from a large city to TN two years ago, and tend to agree. Now, I think I'll step out on my porch and listen to the bullfrogs.

20 posted on 04/23/2024 9:02:32 PM PDT by The Duke (Not without incident.)
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