Deal would see Oracle expand Austin presence

Nov 4, 2013
Austin American Statesman

Oracle Corp., one of the giant developers of business software, is proposing to expand its marketing and sales operations in Austin and add 200 jobs here



The Redwood City, Calif., company is proposing to invest $5.4 million in the expansion project, which would be located at 7700 W. Parmer Lane



Gov. Rick Perry said Friday that the state will provide $1 million from the Texas Enterprise Fund to close the deal. The governor’s offer is contingent on the approval of local incentives by Williamson County




Perry said the Oracle project “will help bring hundreds of jobs and opportunity to Texas families and stimulate the local and state economy.”




“We are expanding our presence in Texas because we’ve been impressed with the quality work force and growth opportunities here,” Randy Smith, Oracle’s vice president of real estate and facilities, said in a written statement. “With this new investment we will be better equipped to meet customer demand while bringing new technology jobs to the state.”



With more than $37 billion in sales last year, Oracle is the second-largest software company in the world and a leading provider of database software for large companies




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