Oracle HQ Relocates to Austin, Texas

Oracle HQ Relocates to Austin, Texas
Oracle

Oracle's headquarters has been transferred from Redwood City, California to Austin, Texas, in a move to provide its employees more work location options amid the COVID-19 pandemic, Bloomberg reported Saturday.

The action would allow Oracle personnel to select preferred work arrangements and locations. The pandemic has prompted the computer software provider to offer flexible work settings to 135K personnel.

A regulatory filing says the company plans to maintain its support to the former HQ in Redwood City, California, as well as to offices in other U.S. states.

Oracle's HQ move follows a similar action that Hewlett Packard Enterprise announced earlier this month. Antonio Neri, president and CEO of HPE, said his company's HQ will move from San Jose, California, to the Houston, Texas, in an effort to sustain a technical workforce and reduce costs.

You may also be interested in...

AKIMA

Akima Subsidiary Secures Spot on Potential $835M USAF Aircraft Maintenance Contract; Scott Rauer Quoted

An Akima subsidiary has won a seat on a potential 10-year, $835 million indefinite-delivery, indefinite-quantity contract from the U.S. Air Force for aircraft support services. Under the Rotary Wing Maintenance Contract Consolidation IDIQ, Akima Logistics Services will provide helicopter maintenance operations to support operational and training missions of the service branch.

TPS-75 radar

Air Force Taps Lockheed to Develop Long-Range Radar Interface

Lockheed Martin has received a follow-on contract to develop a data transmission interface as part of the U.S. Air Force's rapid prototyping competition to modernize the legacy TPS-75 military radar system. The integration contract under the Three Dimensional Expeditionary Long-Range Radar development program has options for the company to manufacture up to 35 systems, the military service said Wednesday.

SpaceX

SpaceX Continues Starlink Constellation Development With 60 More Small Satellites

Sixty SpaceX-operated small satellites aboard the Falcon 9 rocket were sent to low Earth orbit to join the Starlink broadband constellation that is being established by the company to deliver high-speed broadband internet connection to rural or remote communities.