ORACLE CORP (ORCL)

Oracle Corporation, incorporated in Delaware in 2005 with operations dating back to June 1977, provides products and services addressing enterprise information technology environments worldwide. The company offers enterprise applications and infrastructure through flexible, interoperable deployment models including on-premise, cloud-based, and hybrid deployments such as its Oracle Cloud@Customer offering. Oracle operates through three businesses—cloud and license, hardware, and services—each comprising a single operating segment, and sells to businesses of many sizes, government agencies, educational institutions, and resellers directly through its worldwide sales force and indirectly through the Oracle Partner Network.

Key offerings include Oracle Cloud Services (comprising SaaS and Oracle Cloud Infrastructure offerings), cloud license and on-premise license products (including Oracle Applications, Oracle Database, and Oracle Middleware), and hardware products such as Oracle Engineered Systems, servers, and storage, along with related support and consulting services. The company's corporate strategy centers on providing customers choice and flexibility across deployment models, sustained investment in research and development ($7.2 billion in fiscal 2022, up from $6.5 billion in fiscal 2021 and $6.1 billion in fiscal 2020), and an active acquisition program aimed at enhancing offerings, expanding its customer base, and driving growth, exemplified by its acquisition of Cerner Corporation in June 2022. As of the filing, Oracle is a large accelerated filer with approximately 2,664,926,000 shares of common stock outstanding as of June 13, 2022, and an aggregate market value of voting stock held by non-affiliates of approximately $137.9 billion as of the measurement date specified.

The company is not a shell company and has filed the requisite management assessments and auditor attestations regarding internal control over financial reporting under the Sarbanes-Oxley Act.