Larry Ellison co-founded Oracle Corporation in 1977 with Bob Miner and Ed Oates under the name Software Development Laboratories . Ellison took inspiration from the 1970 paper written by Edgar F. Codd on relational database management systems named "A Relational Model of Data for Large Shared Data Banks." He heard about the IBM System R database from an article in the IBM Research Journal provided by Oates. Ellison wanted to make Oracle's product compatible with System R, but failed to do so as IBM kept the error codes for their DBMS a secret. SDL changed its name to Relational Software, Inc in 1979, then again to Oracle Systems Corporation in 1983, to align itself more closely with its flagship product Oracle Database. The name also drew from the 1977 CIA project codename, which was also Oracle's first customer. At this stage Bob Miner served as the company's senior programmer. On March 12, 1986, the company had its initial public offering.In 1995, Oracle Systems Corporation changed its name to Oracle Corporation, officially named Oracle, but is sometimes referred to as Oracle Corporation, the name of the holding company. Part of Oracle Corporation's early success arose from using the C programming language to implement its products. This eased porting to different operating systems most of which support C.In 2005, Oracle acquired PeopleSoft, an ERP company, and in 2006 Siebel, a CRM company. In 2008 Oracle acquired BEA Systems, an enterprise infrastructure software company and in 2010 it acquired Sun Microsystems, a computer hardware and software company .
In an effort to compete with Amazon Web Services and its products, Oracle announced in 2019 it was partnering with former rival Microsoft. The alliance called that Oracle Cloud and Microsoft Azure would be directly connected, allowing customers of each to store data on both cloud computing platforms and run software on either Oracle or Azure. Some saw this not only as an attempt to compete with Amazon but also Google and Salesforce, which acquired Looker and Tableau Software, respectively.On December 20, 2021, Oracle announced the acquisition of Cerner, a health information technology company. The next day, on December 21, Oracle made public the acquisition of Federos, an AI and automation tools company for network performance. The acquisition of Cerner was completed in June 2022 for $28.3 billion in cash.On August 23, 2022, Oracle was hit with a class action lawsuit, which alleges that Oracle has been operating a "surveillance machine" which tracks in real-time and records indefinitely the personal information of hundreds of millions of people.
Rika Nakajima (Representative Corp. Exec. Officer & Head of Legal Office)
Kenji Ito (Exec. Officer and Sales VP)
Mr. Donald G. McCauley (Corp. Exec. Officer & Exec. Deputy Pres)
Yukiko Endo (Exec. Officer of Personnel Division)
Shigeru Shiinoki (Exec. VP)
Mr. Hisayuki Ishizumi (Exec. VP)
Masaki Shiraishi (Sr. Managing Operating Officer)
Recognition and Awards
Mr. Tomomitsu Misawa (Pres, Corp. Exec. Officer & Director)
Mr. Krishna Sivaraman (CFO, Corp. Exec. Officer & Director)
Gohito Itabashi (Director of IR Department)