Oracle Status
The company (NYS: ORCL) received $2.1 billion of development capital from Berkshire Hathaway on September 30, 2018 through a private placement.
Oracle sells a wide range of enterprise IT solutions, including databases, middleware, applications, and hardware. While software licenses, support, and maintenance continue to represent roughly 70% of revenue, the firm is undergoing a mix shift toward cloud-based subscriptions that should necessitate continued heavy investment in the business model transition. Oracle offers software-as-a-service, platform-as-a-service, and infrastructure-as-a-service offerings. Legacy offerings include Oracle Database software and Oracle Fusion Middleware.
Year Founded
1977
Employees
137 K
RevenueTTM 3Q2019
$39.6 B
Net IncomeTTM 3Q2019
$10.8 B
General Information
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Website
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Business Status
Profitable
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Ownership Status
Publicly Held
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Financing Status
Formerly VC-backed
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Headquarters
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HQ Address Line 1500 Oracle Parkway
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HQ CityRedwood City
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HQ State/ProvinceCalifornia
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HQ Post Code94065
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HQ CountryUnited States
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