Oracle founder Larry Ellison announced Tuesday that the software giant plans to move its corporate headquarters to Nashville, Tennessee, which he said is at the heart of the healthcare industry.
Ellison sat down with former Senate Majority Leader Bill Frist for an on-stage conversation in Nashville that was shared Tuesday by Oracle Health on the social media platform LinkedIn.
The founder and CEO told Frist that his company is moving its “big campus” to Nashville, which will “eventually be our world headquarters.”
“I shouldn't have said that,” Ellison was quick to say, but there was no turning back as he revealed information about his company's future.
Ellison said Oracle's move to Nashville positions his company as a major player in the healthcare industry, 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.
Ellison described Nashville as “an amazing place to live,” describing the company's plans for the move.
“It's a great place to raise a family. It has a unique and vibrant culture. Our employees, when we surveyed the largest number of employees, Nashville ticked all the boxes,” Ellison said.
Nashville “is the center of the industry that we care about the most Healthcare industry.”
Norman Foster, who designed Apple Park in Cupertino, California, is designing a new Oracle campus in Nashville that will be “right on the river.”
The new campus will not look like a corporate campus but will be a park with buildings, the CEO said.
The news site will include office buildings, a community clinic, restaurants, hotels and a concert venue — a floating stage on the lake for concerts held for the community, Ellison said.
“We want to be part of the community,” he said. “Our people love it here. We think that's the center of our future.
Oracle did not immediately respond to inquiries from Fox News Digital about the announcement.
Oracle is currently headquartered in Austin, Texas. After leaving Redwood Shores, California, it moved there in 2020.