ADVERTISEMENT

Last Updated:
2024-02-29 13:57:19

Oracle

Multinational computer technology corporation
Multinational computer technology corporation
Oracle Corporation is an American multinational computer technology corporation headquartered in Redwood City, California. Founded in 1977, Oracle specializes in developing and marketing database software and technology, cloud engineering systems, and enterprise software products. It is one of the largest software companies in the world.
1977-06-16
Creation of Software Development Laboratories (SDL)
On 16th June 1977, Software Development Laboratories (SDL) was established in Santa Clare, California by Larry Ellison, Bob Miner, and Ed Oates. This marked the beginning of the company that would later develop the Oracle database.
1978
Innovative Relational Databases
Oracle Corporation introduced innovative relational databases in 1978, which contributed to its success and evolution in the wired world.
1979
Relational Software Inc. renamed to Oracle
In 1979, Relational Software Inc. was renamed to Oracle. Larry Ellison aimed to make Oracle compatible with IBM's System R-databases, but IBM's refusal to share the code of System R hindered this goal.
1979-06
Relational Systems Inc (RSI) Renamed to Oracle v2
In June 1979, Software Development Laboratories changed their name to Relational Systems Inc (RSI) and relocated to Menlo Park, California. They also introduced the first commercial SQL RDBMS and released the second version of Oracle, which ran on PDP-11 hardware.
1979-07
Launch of Oracle
In July 1979, Oracle was launched as the first product of RSI, offering increased flexibility over existing expensive networking and becoming an instant hit with customers.
1979-10
Promotion of Oracle on VAX Platform
In October 1979, RSI started actively promoting Oracle on the VAX platform, marking a significant step in the expansion and adoption of the Oracle Database software.
1981
Introduction of Oracle V2 (Version 2)
In 1981, Oracle V2 (Version 2) was introduced as the first commercially available SQL-based RDBMS, marking a significant advancement in database technology.
1982
Renaming to Oracle Corporation
The company, renamed Oracle in 1982 after its flagship product, grew rapidly throughout the 1980s.
1983-03
Rewriting of Oracle Database in C and Release of Oracle v3
In March 1983, the Oracle Database was rewritten in C for portability, and Oracle v3 was released.
1984-10
Release of Oracle v4 with Read Consistency
In October 1984, Oracle v4 was released, introducing read consistency, a pioneering capability for a database at that time.
1984-11
Porting of Oracle Database to PC Platform with MS-DOS Version
In November 1984, the Oracle Database software was ported to the PC platform, with the MS-DOS version (4.1.4) running in 512K of memory.
1985-04
Release of Oracle v5
In April 1985, Oracle v5 was released, marking one of the first RDBMS's to operate in client-server mode.
1986
Oracle's Initial Public Offering
In 1986, Oracle had its initial public offering, reporting revenue of $55 million. This event marked a significant milestone in the company's growth within the computer industry.
1986-03-12
Oracle Goes Public
On 12th March 1986, Oracle became a publicly traded company with a revenue of $55 million.
1987
Oracle confirmed as the world’s largest database management software company
By 1987, Oracle solidifies its position as the leading database management software company globally, reflecting its rapid growth and dominance in the industry.
1988
Release of Oracle Database Version 6
In 1988, Oracle released the Version 6 of its database, introducing significant advancements such as row-level locking, hot backup, and PL/SQL.
1989
Revenue Growth to $584 Million
In 1989, Oracle's revenues reached $584 million, indicating significant financial growth.
1990-04
Launch of Oracle Applications Release 8
In 1990, Oracle launched Oracle Applications Release 8, which included accounting programs specifically designed for the emerging client/server computing environment.
1991-01
Release of Oracle 7
Oracle Corporation releases Oracle 7, which includes the first media server with tools for managing and delivering multimedia applications, marking a significant advancement in the computing environment.
1992
Release of Oracle 7 Database Program
In 1992, Oracle released the database program Oracle 7, which quickly became a leading product in the industry. This marked a turning point for Oracle, as the company regained its value in just two years.
1992-06
Release of Oracle 7
In June 1992, Oracle released Oracle 7, which included application development tools, performance enhancements, the ability to persist PL/SQL programme units in the database as stored procedures and triggers, administration utilities, support for declarative referential integrity, and security features. This was also the year that Oracle offered full applications implementation methodology.
1994
Oracle's Sales Reach US$2 Billion
By mid-1994, Oracle's sales reach US$2 billion, with its consulting services contributing significantly to the company's overall sales.
1995-06-01
Merger between Oracle Corporation and Oracle Systems Corporation
On 1st June 1995, Oracle Systems Corporation announced a merger with Oracle Corporation, eliminating the holding company structure and streamlining the operating company with the public holding company. The transaction resulted in the renaming of Oracle Systems Corporation as Oracle Corporation and its incorporation as a Delaware Corporation.
1996
Release of Oracle PowerBrowser and Move towards Web-Enabled Architecture
In 1996, Oracle released Web Browser as part of Oracle PowerBrowser and moved towards an open standards-based, web-enabled architecture.
1997-04
Release of Oracle Discoverer
In April 1997, Oracle released their first version of Discoverer.
1997-06
Release of Oracle v8 with Internet Technology and SQL Object Technology
In June 1997, Oracle v8 was released with Internet technology, support for terabytes of data, and SQL object technology.
1997-09
Introduction of Oracle Jdeveloper
In September 1997, Oracle Corporation introduced Oracle Jdeveloper, which is Oracle’s Java integrated development environment, after announcing a loyalty to the Java platform.
1998-04
Integration of Java Virtual Machine with Oracle Database
In April 1998, Oracle Corporation announced the integration of a Java Virtual Machine with Oracle Database, demonstrating their commitment to incorporating cutting-edge technology into their products.
1998-05
Release of Oracle Applications 2
In May 1998, Oracle Corporation released Oracle Applications 2, marking a significant milestone in the company's product development.
1998-09
Release of Oracle 8i
In September 1998, Oracle Corporation introduced Oracle 8i, with the 'i' symbolizing its focus on the internet, reflecting the company's adaptation to the evolving technological landscape.
1998-10
Release of Oracle 8 and Oracle Application Server 4.0 on Linux platform
In October 1998, Oracle Corporation launched Oracle 8 and Oracle Application Server 4.0 on the Linux platform, expanding their product offerings to a new operating system and broadening their market reach.
1999
Marc Benioff's departure from Oracle to found Salesforce
Marc Benioff, a former protégé of Ellison, left Oracle in 1999 to establish and lead Salesforce. His departure marked a significant transition in his career.
2000
Oracle's Trash Investigation
In 2000, Oracle hired private investigators to search through the trash of organizations involved in an antitrust trial against Microsoft. The investigation caused a stir in the computer industry and the press, with Oracle's Chairman, Larry Ellison, defending the action as a 'public service'.
2001
Oracle's Database First to Pass Nine Industry Standard Security Evaluations
In 2001, Oracle's database system achieved the milestone of being the first to pass nine industry standard security evaluations, showcasing its commitment to security.
2002
Oracle's 'Can't break it, can't break in' Campaign
In 2002, Oracle marketed its products with the slogan 'Can't break it, can't break in', emphasizing information security and the reliability of networked databases. Despite initial claims, the campaign faced criticism after successful attacks against Oracle products were demonstrated.
2002
Oracle founds a professional kite sailing team
In 2002, Oracle founded a professional kite sailing team that was able to fly for 30 minutes during testing.
2003-02-01
Launch of Oracle Database 10g
Oracle Database 10g is introduced as the first grid computing database available for the enterprise, enabling Oracle Grid Computing to distribute computing power across the enterprise as a utility, automatically adjusting processing loads based on demand.
2004
US Department of Justice's Antitrust Lawsuits Against Oracle's Takeover of PeopleSoft
In 2004, the US Department of Justice filed multiple antitrust lawsuits to prevent Oracle's takeover of PeopleSoft, leading to a legal battle with far-reaching implications.
2004-12
Oracle Acquires PeopleSoft
At the end of 2004, Oracle made a significant acquisition by purchasing PeopleSoft for $10.3 billion, marking the beginning of its acquisition spree.
2005
Acquisition of PeopleSoft
In 2005, Oracle acquired PeopleSoft, one of its many high-profile multibillion-dollar purchases of software companies.
2005
Oracle Acquires Retek and Siebel Systems
In 2005, Oracle acquired retail software developer Retek and competitor Siebel Systems, further expanding its portfolio in the software industry.
2006-10-20
Renaming of Oakland Arena to Oracle Arena
On October 20, 2006, the Golden State Warriors and the Oracle Corporation announced a 10-year agreement in which the Oakland Arena would become known as the Oracle Arena.
2007
Oracle Acquires Hyperion Solutions
In 2007, Oracle acquired business intelligence software provider Hyperion Solutions, strengthening its position in the business software market.
2007-05-15
Oracle acquires Agile Software Corporation
In May 2007, Oracle acquired Agile Software Corporation, a company based in San Jose, California, that specializes in product lifecycle management (PLM) software.
2008
Acquisition of Sun Microsystems
In 2008, Oracle acquired Sun Microsystems, gaining control over Java, Solaris, and the popular open-source database MySQL.
2009-04-20
Oracle acquires Sun Microsystems
On April 20, 2009, Oracle acquired Sun Microsystems after paying US$7.4 billion, marking its largest acquisition.
2010-08-13
Discontinuation of OpenSolaris
On August 13, 2010, an internal Oracle memo revealed plans to end the OpenSolaris operating system project and community, with Oracle intending to develop Solaris only in a closed source manner. This led to the migration of OpenSolaris developers to projects like Illumos and OpenIndiana.
2010-09-06
Mark Hurd appointed as Oracle co-president
On September 6, 2010, Oracle announced the appointment of former Hewlett-Packard CEO Mark Hurd as the replacement for Charles Phillips, who resigned as Oracle co-president. Larry Ellison expressed confidence in Hurd's abilities and relevant experience in the IT world.
2010-09-07
HP civil lawsuit against Mark Hurd
On September 7, 2010, HP announced a civil lawsuit against Mark Hurd in response to Oracle hiring him, citing the protection of HP's trade secrets.
2010-09-20
Resolution of lawsuit between Oracle and HP
On September 20, 2010, Oracle and HP published a joint press release announcing the resolution of the lawsuit on confidential terms and reaffirming their commitment to a long-term strategic partnership.
2010-11-23
Oracle wins US$1.3 billion lawsuit against SAP
In 2010, Oracle sued SAP for fraud and unfair competition, leading to a court case that concluded on November 23rd with Oracle winning a US$1.3 billion lawsuit. This judgement is known as the largest software piracy judgement in history.
2011-06-15
HP Lawsuit Against Oracle
In June 15, 2011, HP filed a lawsuit in California Superior Court against Oracle for breaching an agreement to support the Itanium microprocessor used in HP's high-end enterprise servers. Oracle responded by calling the lawsuit an abuse of the judicial process.
2011-08-31
Oracle Investigation for Foreign Corrupt Practices
On August 31, 2011, The Wall Street Journal reported that Oracle was being investigated by the FBI for paying bribes to government officials in Africa, in violation of the Foreign Corrupt Practices Act (FCPA).
2011-10-24
Oracle's Fiscal 2011 Q3 GAAP Total Revenues
In fiscal 2011 Q3, Oracle reported a significant increase in total revenues, with a 37% rise in GAAP total revenues to US$8.8 billion and a 36% increase in non-GAAP total revenues to US$8.8 billion.
2012-02-09
Oracle's Acquisition of Taleo Corporation
Oracle acquired Taleo Corporation, a leading provider of cloud-based talent management, for US$1.9 billion.
2012-04-20
Oracle banned from GSA portal
On April 20, 2012, the US General Services Administration banned Oracle from the most popular portal for bidding on GSA contracts for undisclosed reasons. This ban affected Oracle's revenue as it was previously using the portal for around four hundred million dollars a year.
2012-08-01
California Judge's Ruling on Oracle-HP Case
On August 1, 2012, a California judge issued a tentative ruling that Oracle must continue porting its software at no cost until HP discontinues its sales of Itanium-based servers. This ruling came after HP was awarded $3 billion in damages against Oracle in 2016 for the damages caused by Oracle's cancellation of support for HP's Itanium servers.
2012-08-03
SAP and Oracle $306 million Judgment
SAP and Oracle agreed on a judgment for $306 million in damages to save time and expense of a new trial. Oracle can ask a federal appeals court to reinstate the earlier jury verdict after the accord has been approved.
2013-07-15
Oracle Stock Listing Transfer
On July 15, 2013, Oracle transferred its stock listing from the Nasdaq to the NYSE, marking the largest-ever U.S. market transfer at that time.
2014-06-23
Acquisition of MICROS Systems
On June 23, 2014, Oracle acquired MICROS Systems, a retail and hospitality hardware/software systems provider, for US$5.3 billion.
2014-09-18
Larry Ellison Steps Down as Oracle CEO
Larry Ellison, the CEO of Oracle, stepped down and was replaced by Catz and Hurd as co-CEOs.
2014-12-22
Acquisition of Responsys, Inc.
On December 22, 2014, Oracle paid US$1.5 billion for the acquisition of Responsys, Inc., a leading provider of enterprise-scale cloud-based B2C marketing software.
2015-06
Oracle Slogan: Integrated Cloud Applications and Platform Services
In mid-2015, Oracle introduced the slogan 'Integrated Cloud Applications and Platform Services' to highlight its focus on cloud-based solutions.
2016-02-08
Oracle 12c Release
The release of Oracle 12c marked a significant milestone with the slogan 'we're all in it together', reflecting the collaborative approach of the company towards its products and services.
2016-07-28
Oracle's Acquisition of NetSuite
On July 28, 2016, Oracle acquired American cloud computing company NetSuite for US$9.3 billion. NetSuite offers a Software as a Service platform for enterprise resource planning (ERP).
2017-11-11
Oracle Acquires Eloqua
Oracle's acquisition of Eloqua and its implications for the market.
2017-12-17
Oracle's Acquisition of Aconex Limited
On December 17, 2017, Oracle paid US$1.2 billion to acquire Aconex Limited, a leading cloud-based solution that manages team collaboration for construction projects.
2018-05-21
Oracle Corporation
Information about Oracle Corporation can be found on britannica.com, offering insights into its operations, products, and impact.
2018-05-29
Oracle's $5.3 Billion Acquisition
Oracle made a significant acquisition of $5.3 billion, which garnered attention and interest in the business world.
2018-05-30
Oracle Acquires Aconex
Oracle acquired Aconex, a construction collaboration software maker, for $1.2 billion in cash.
2019-01
Renaming of San Francisco Giants' Stadium to Oracle Park
In January 2019, the San Francisco Giants entered into a 20-year agreement to rename their stadium Oracle Park.
2020-03-31
Oracle's Agreement to Acquire LiveData Utilities
On March 31, 2020, Oracle announced an agreement to acquire LiveData Utilities, extending its Network Management System with leading operational technology (OT) middleware solutions and SCADA capabilities.
2020-09-13
Oracle wins bidding war for TikTok's US operations
On September 13, 2020, Oracle won a bidding war with other U.S.-based companies to take over social media company TikTok's operations in the United States following the company's pressure to forcibly be shut down by the Trump administration. Oracle was described as a 'trusted tech partner' by TikTok, suggesting the deal may not be as structured as an outright sale.
2020-09-19
Trump administration approves sale of TikTok's US operations to Oracle
On September 19, 2020, the Trump administration approved the sale of TikTok's US operations to Oracle, delaying restrictions that were originally to take effect on September 20. This decision was indicated by the United States Department of Commerce.
2020-12-11
Oracle Headquarters Move to Austin, Texas
On December 11, 2020, Oracle announced the relocation of its world headquarters from Redwood Shores to Austin, Texas.
2020-12-31
Oracle Carbon Footprint
Oracle reported total carbon dioxide equivalent (CO2e) emissions for the twelve months ending December 31, 2020 at 428 kilotonnes and plans to reduce emissions 26% by 2025 from a 2015 base year.
2021
Oracle Acquires Cerner for $28.3 Billion
In 2021, Oracle made its biggest acquisition of electronic health records company Cerner for $28.3 billion.
2021-02-10
Biden administration backs off from banning TikTok and shelving the sale
On February 10, 2021, The Wall Street Journal reported that the Biden administration would be backing off from banning TikTok and shelving the sale of TikTok indefinitely, as the U.S. Commerce Department began reviewing whether or not Trump's claims about TikTok can justify the attempts to ban it.
2021-03-26
Oracle Corporation Retrieved from Google Trends
Information about Oracle Corporation was retrieved from Google Trends on March 26, 2021.
2021-12-20
Oracle Acquires Cerner
On December 20, 2021, Oracle announced the acquisition of Cerner, a health information technology company, expanding its presence in the healthcare sector.
2021-12-21
Oracle Acquisition of Federos
On December 21, 2021, Oracle publicly announced the acquisition of Federos, an AI and automation tools company for network performance.
2022-06-08
Completion of Oracle's Acquisition of Cerner
On June 8, 2022, Oracle completed the acquisition of Cerner for $28.3 billion in cash.
2022-07-31
End of Life for Oracle Database 12c Release 1 (12.1)
Oracle Database 12c Release 1 (12.1) reached its end of life on July 31, 2022. Since this support end date, Oracle no longer provides bug fixes, security updates, or patches for this version.
2022-08-23
Oracle hit with class action lawsuit by Lieff Cabraser
Oracle was hit with a class action lawsuit by Lieff Cabraser, representing individuals who allege that the company engaged in deliberate surveillance of the general population through a surveillance machine, violating privacy laws.
2023-02-13
Uber's 7-Year Cloud Partnership with Oracle
Uber's signing of a 7-year cloud partnership with Oracle in 2023 signifies a major collaboration between the two companies, indicating the importance of cloud technology in the modern business landscape.
End of the Timeline
Oracle

Information

Oracle

Multinational computer technology corporation
Last Updated:

Event

Last Updated: