Foundation of Oracle Corporation
Oracle Corporation was founded by Larry Ellison, Bob Miner, and Ed Oates under the name Software Development Laboratories (SDL).
1977
1979
Release of Oracle V2
Oracle released Oracle V2, the first commercially available SQL-based relational database management system (RDBMS).
1982
Renaming to Oracle Systems Corporation
The company changed its name from Relational Software Inc. (RSI) to Oracle Systems Corporation to align with its flagship product, the Oracle Database.
1983
Introduction of Oracle Database 3
Oracle Database 3 was launched, featuring the first portable RDBMS and running on mainframes, minicomputers, and PCs.
1986
Oracle Goes Public
Oracle Corporation went public with its initial public offering (IPO) on the NASDAQ stock exchange.
1987
Oracle Database 5 Release
Oracle released Oracle Database 5, which included support for the client-server model.
1992
Oracle Database 7 Launch
Oracle introduced Oracle Database 7, which brought features like stored procedures, triggers, and declarative referential integrity.
1995
Oracle Enters ERP Market
Oracle entered the enterprise resource planning (ERP) market with the release of Oracle Applications 10.7.
1999
Oracle 8i Release
Oracle released Oracle 8i, which was designed specifically for internet computing, featuring a built-in Java Virtual Machine (JVM).
2000
Oracle E-Business Suite 11i
Oracle launched Oracle E-Business Suite 11i, a comprehensive suite of business applications.
2004
Acquisition of PeopleSoft
Oracle acquired PeopleSoft, a major player in the ERP market, for $10.3 billion.
2008
Oracle Becomes Second Largest Software Company
Oracle became the second-largest software company in the world by revenue, following Microsoft.
2010
Acquisition of Sun Microsystems
Oracle acquired Sun Microsystems for $7.4 billion, gaining control over Java and the Solaris operating system.
2014
Larry Ellison Steps Down as CEO
Larry Ellison stepped down as CEO of Oracle, becoming the Executive Chairman and Chief Technology Officer. Mark Hurd and Safra Catz were appointed as co-CEOs.
2020
Oracle Cloud Infrastructure (OCI) Expansion
Oracle significantly expanded its Oracle Cloud Infrastructure (OCI) services, focusing on cloud computing and data management solutions.
2022
Acquisition of Cerner Corporation
Oracle acquired Cerner Corporation, a leading provider of digital information systems used within hospitals and health systems, for $28.3 billion.
