Oracle

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.

Oracle Corporation introduced innovative relational databases in 1978, which contributed to its success and evolution in the wired world.

In 1981, Oracle V2 (Version 2) was introduced as the first commercially available SQL-based RDBMS, marking a significant advancement in database technology.

The company, renamed Oracle in 1982 after its flagship product, grew rapidly throughout the 1980s.

In April 1985, Oracle v5 was released, marking one of the first RDBMS's to operate in client-server mode.

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.

By 1987, Oracle solidifies its position as the leading database management software company globally, reflecting its rapid growth and dominance in the industry.

In 1988, Oracle released the Version 6 of its database, introducing significant advancements such as row-level locking, hot backup, and PL/SQL.

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.

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.

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.

By mid-1994, Oracle's sales reach US$2 billion, with its consulting services contributing significantly to the company's overall sales.

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.

In June 1997, Oracle v8 was released with Internet technology, support for terabytes of data, and SQL object technology.

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.

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.

At the end of 2004, Oracle made a significant acquisition by purchasing PeopleSoft for $10.3 billion, marking the beginning of its acquisition spree.

In 2005, Oracle acquired PeopleSoft, one of its many high-profile multibillion-dollar purchases of software companies.

In 2005, Oracle acquired retail software developer Retek and competitor Siebel Systems, further expanding its portfolio in the software industry.

In 2007, Oracle acquired business intelligence software provider Hyperion Solutions, strengthening its position in the business software market.

In May 2007, Oracle acquired Agile Software Corporation, a company based in San Jose, California, that specializes in product lifecycle management (PLM) software.

In 2008, Oracle acquired Sun Microsystems, gaining control over Java, Solaris, and the popular open-source database MySQL.

On April 20, 2009, Oracle acquired Sun Microsystems after paying US$7.4 billion, marking its largest acquisition.

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.

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.

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).

Oracle acquired Taleo Corporation, a leading provider of cloud-based talent management, for US$1.9 billion.

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.

On June 23, 2014, Oracle acquired MICROS Systems, a retail and hospitality hardware/software systems provider, for US$5.3 billion.

Larry Ellison, the CEO of Oracle, stepped down and was replaced by Catz and Hurd as co-CEOs.

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.

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).

Oracle's acquisition of Eloqua and its implications for the market.

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.

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.

In 2021, Oracle made its biggest acquisition of electronic health records company Cerner for $28.3 billion.

On December 20, 2021, Oracle announced the acquisition of Cerner, a health information technology company, expanding its presence in the healthcare sector.

On December 21, 2021, Oracle publicly announced the acquisition of Federos, an AI and automation tools company for network performance.

On June 8, 2022, Oracle completed the acquisition of Cerner for $28.3 billion in cash.

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.

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.