Oracle is moving its world headquarters to Nashville, Tennessee primarily because of the city’s thriving healthcare industry and its appeal as a place for employees to live.
Nashville is home to over 900 healthcare companies that generate $97 billion in revenue annually, including major players like HCA Healthcare and Community Health Systems. Oracle, which recently acquired Cerner for $28 billion, sees Nashville as the “epicenter of the industry we’re most concerned about, which is the healthcare industry”.
Oracle founder Larry Ellison also cited employee interest as a key factor, noting that Nashville “ticked all the boxes” in surveys of what Oracle employees want in a place to live and work. Ellison praised Nashville’s vibrant culture, family-friendly environment, and high quality of life.
The move will allow Oracle to be part of Nashville’s thriving healthcare community and take advantage of the city’s excellent talent pool, relatively low cost of doing business, and strategic location. Oracle plans to invest over $1 billion to build a 1.2 million square foot campus in downtown Nashville that will eventually employ 8,500 people