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Oracle headquarters may be leaving Austin for Nashville

Oracle co-founder Larry Ellison appeared to make the announcement at a health conference in Tennessee on Tuesday.

AUSTIN, Texas — One tech giant that's based in Austin may be moving its headquarters elsewhere.

Oracle co-founder Larry Ellison appeared to make that announcement at a health conference in Nashville, Tennessee, on Tuesday.

In a conversation with former U.S. Senate Majority Leader Bill Frist for the Oracle Health Summit, Ellison said the company’s large campus in Nashville “will ultimately be our world headquarters.”

“It’s the center of the industry we’re most concerned about, which is the health care industry,” Ellison said.

Ellison did not seem to intend the comment as an official announcement.

“I shouldn’t have said that,” Ellison said later.

KVUE reached out to Oracle to confirm the move and to get details as to how it might impact operations in Austin. The company has not gotten back to us.

RELATED: Austin-based tech giant Oracle cutting jobs in health care unit

Oracle moved its headquarters to Austin in 2020, and the company has more than 2,000 employees in Central Texas.

In November, Austin voters approved a land-swap deal between the city and Oracle so the company could get more land near its existing campus on the south side of Lady Bird Lake.

The tech company has been pushing its health care operations in recent years after acquiring medical records software company Cerner in a $28 billion deal.

RELATED: Why are companies ditching California for Texas?

Nashville has long been a hub for the health care industry, beginning with the founding of HCA Healthcare there in 1968.

Oracle has been developing a $1.35 billion riverfront campus in Nashville for three years, with a pledge to have 8,500 employees by 2031, with about 30% of that staffing in place by 2027, according to the Nashville Business Journal.

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