Oracle leaves Silicon Valley for Texas

The software specialist Oracle said Friday it was leaving Silicon Valley for Texas, the latest company to date from California.

The group explained in response to a question from AFP that this decision would be favorable to its growth and would provide “more flexibility to (its) staff on where and how to work”.

“Depending on their role, this means that many of our employees will be able to choose their office location as well as continue working from home, part time or full time.”

Oracle is moving its headquarters from Redwood Shores, Calif., To Austin, Texas, which has long attracted tech companies and hosts the South by Southwest Festival.

“Another global giant coming to Texas,” said state governor Greg Abbott in a tweet.

Tesla boss Elon Musk also recently indicated he is relocating to Texas, where his high-end electric vehicle company Tesla will build a new plant and where his other companies, SpaceX and Boring Company, have already. Locals.

The entrepreneur had already threatened to leave California in the spring, when local authorities forced his factory to remain closed for several weeks to prevent the spread of Covid-19.

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