Oracle Corporation

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Oracle Corporation is a giant enterprise software company based in Redwood City, California, U.S. Started in 1977, the company is now worth US$106 billion. Recently it has been aggressively acquiring other companies such as PeopleSoft, Siebel Systems, and Hyperion Solutions. [1] [2] [3]

Lawrence J. Ellison, Co-Founder and Chief Executive Officer of Oracle Corporation, is the 11th richest person in the world, having a personal wealth of US$21.5 billion. [4]

Also see the Wikipedia article on the Oracle Corporation.

Overview

The "principal activity" of the Oracle Corporation, according to NASDAQ.com, "is to develop, manufacture, market and distribute computer software. The operations of the group are conducted through five business segments; License, license updates, consulting, support services and education. The license and license updates segment licenses database and applications software, grants customers the right to software product updates and maintenance releases. The consulting line of business assists customers in the implementation of applications. The support services include on-site support, telephone or internet access to support personnel as well as advanced product support services including remote database administration and performance monitoring and tuning. The education segment provides media-based, instructor-led and internet-based training to customers in use of the products. The license accounted for 36% of fiscal 2002 revenues; License updates, 25%; Consulting, 20%; Support services, 15% and education, 4%."

Oracle Buys Eloqua to Form Merger

Oracle has announced its entrance to an agreement to acquire Eloqua Inc. as of December 20, 2012. Eloqua has previously described itself as a "leader in providing Internet Marketing solutions spanning demand generation, lead nurturing or marketing automation."[5] The combination of Oracle and Eloqua is expected to create a comprehensive Customer Experience Cloud offering to help companies transform the way they market, sell, support and serve their customers. The merger will also enable other organizations to a very individualized experience across channels, create online and social interactions, grow revenue, and provide superior service from more efficient sales teams.[6]

Political contributions

Oracle gave $80,809 to federal candidates in the 2006 election through its political action committee - 27% to Democrats and 73% to Republicans. [7]

Lobbying

The company spent $1,860,000 for lobbying in the first half of 2007. Some of the lobbying firms used were The Livingston Group, Barbour, Griffith and Rogers, Ashcroft Group, and The Cohen Group. [8]

Personnel

Key executives and 2007 pay: [9]          Options
exercised
Lawrence J. Ellison, Co-Founder and Chief Executive Officer    $9,370,000    $181,820,000
Safra A. Catz, Chief Financial Officer    $5,680,000    $8,260,000
Charles E. Phillips, Jr., Co-President    $5,680,000    $11,970,000
Keith G. Block, Executive Vice President of North America Consulting    $3,430,000    $16,080,000
Charles A. Rozwat, Executive Vice President of Server Technologies    $3,930,000    $16,190,000

Leadership/Insider Trading/Officers:

Ownership

Major Partners

Oracle's Product Strategy

  • Globalization. Simplification. Standardization. Automation. Innovation.
  • These five principles underlie everything we do at Oracle.
  • We developed our five product lines -- Database, Application Server, Collaboration Suite, Developer Suite, and E-Business Suite -- to help you drive your company from action to innovation.

Contact details

500 Oracle Parkway
Redwood City, CA 94065
USA
Phone: 650-506-7000
Fax: 650-506-7200
Web: http://www.oracle.com

Resources and articles

Related Sourcewatch articles

References

  1. Oracle Profile, Hoovers, accessed October 2007.
  2. History, Oracle, accessed October 2007.
  3. Oracle Basic Chart, Yahoo Finance, accessed October 2007.
  4. Lawrence Ellison, Forbes, accessed October 2007.
  5. Company Website, About Page, accessed April 3, 2013.
  6. Press Release Company Website, Oracle Buys Eloqua, December 20, 2012.
  7. 2006 PAC Summary Data, Open Secrets, accessed October 2007.
  8. Oracle lobbying expenses, Open Secrets, accessed October 2007.
  9. Oracle Key Executives, Yahoo Finance, accessed October 2007.