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Oracle's office in Redwood City, Calif. Photo by Bloomberg
The Briefing

Oracle Joins Tech Migration to Texas: The Information’s Tech Briefing

Photo: Oracle's office in Redwood City, Calif. Photo by Bloomberg

Warning to Austin home buyers: Prices are about to skyrocket. That’s one likely result of the wave of tech companies moving their headquarters from the Bay Area to the Texas capital, a group that today expanded to include Oracle.

Oracle’s news came a couple of days after Elon Musk said he had moved to Texas, and 10 days after Hewlett Packard Enterprise said it would move its headquarters to Houston. As we reported a couple of weeks ago, the CEOs of Splunk and Dropbox had both moved to Austin as well, along with venture capitalists like Joe Lonsdale from 8VC.

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