Oracle to launch first U.S. accelerator program based in Austin

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Austin is set to be home to Oracle Corp.’s first U.S.-based startup cloud accelerator. The fast-growing local startup market and presence of nascent cloud-computing companies, as well as “leading global providers” in that space, contributed to the decision by Oracle executives to “plant a flag” in the Texas capital, said Reggie Bradford, who heads the accelerator program for the Redwood City, California-based company. Unlike with some accelerators, Oracle (NYSE: ORCL) will not obtain…
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Oracle to launch first U.S. accelerator program based in Austin

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