Oracle Chairman Larry Ellison tags Nashville as company's next world HQ
AUSTIN (Austin Business Journal) -- Oracle Corp. co-founder and Chairman Larry Ellison has indicated that Nashville, not Austin, will be the company's headquarters in the future.
Ellison made the declaration April 23 during an on-stage interview at a health care industry summit Oracle hosted in Nashville. It marked Ellison's first public appearance in Nashville in the nearly three years since Oracle (NYSE: ORCL) – one of the world's 30 largest public companies — cemented a deal to create 8,500 jobs by 2031 on a $1.35 billion, 70-acre campus on the East Bank. Construction has yet to begin, but plans indicate it will be a bigger deal than Oracle's Austin campus, where Oracle reports it has 2,500 workers.
"Ultimately, [Nashville] will be our world headquarters," Ellison told a packed ballroom inside Midtown's Conrad hotel. "It's the center of our future."
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