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8/6/2019 Hr Forum Activity

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WELCOMES U ALL


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ORACLE AND LARRYELLISION

TOPIC ON:


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HISTORY

ORACLE Corporation (NASDAQ: ORCL) is an

American multinational computer technology

corporation that specializes in developing andmarketingenterprise software products

particularly database management systems.


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Larry Ellison (CEO)

Jeffrey O. enley (Chairman)

Safra A. Catz (President)

ark urd (President) Products Oracle

Database

Oracle usion iddleware

Oracle ApplicationsOracle Enterprise anager

Oracle inancials Revenue


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Founded IN T E YEAR .

ead uartered in Redwood Shores, California, NITED STATES OF

A ERICA. It has enlarged its share of the software market through organic

growth and through a number of high-profile ac uisitions.

y 2 Oracle had the third-largest software revenue, aftericrosoft and I .


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As of 2 he is the sixth richest person in the

world, with a personal wealth of S$28 billion


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Early life:Larry Ellison was born in New York City toFlorence Spellman, a -year-old unwed Jewish mother.

At his mother's re uest, he was given to his mother's aunt

and uncle in Chicago to raise. Lillian Spellman Ellison andLouis Ellison adopted him when he was nine months old.

Ellison did not learn the name of his mother or meet heruntil he was 48; the identity of his father is unknown


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As of 2 Larry Ellison, a co-founder of Oracle Corporation,has served as Oracle's CEO throughout its history.

Ellison also served as the Chairman of the oard until hisreplacement by Jeffrey O. enley in 2 4.

Ellison retains his role as CEO. On August 22, 2 8 the Associated Press ranked founder

Larry Ellison as the top-paid chief executive in the world


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In , Oracle laid off % (about 4

people) of its work force because of a

mismatch between cash and revenues.

This crisis, which almost resulted in Oracle's

bankkruptcy, came about because of Oracle's

"up-front" marketing strategy, in which sales

people urged potential customers to buy thelargest possible amount of software all at once.


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Oracle has established itself since 2 st century

which aimed at dominancy in informationtechnology

Ellison owns stakes in Salesforce.com, NetSuite,

Quark iotechnology Inc. and SuperGen.

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