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Who owns Oracle?

By Zippia Team - Aug. 22, 2022

Larry Ellison owns Oracle with a 42.4% stake in the company. Ellison co-founded Oracle with Bob Miner and Ed Oates, originally under the name Software Development Laboratories (SDL) in 1977. It changed its name officially to Oracle in 1995.

Oracle is an American multinational computer technology company based in Austin, Texas. In 2020, it was considered the world's third largest software company by revenue and market capitalization. It provides services and sells products centered around database software technology, cloud-engineered systems, and enterprise software products.

In 2022, Oracle had annual revenue of $42.44 billion with 143,000 employees working for the company.

Who owns Oracle?

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