Oracle Corporation was founded in 1977 by Larry Ellison, Bob Miner and Ed Oates as Software Development Labs to focus on database software. In 1979, they released their first commercial product and by the 1980s had become a leader in client/server computing. Over the decades, Oracle grew through developing new products and services, gaining new customers, and making strategic acquisitions. Today, Oracle is a leading technology company focused on cloud services, with over 90,000 customers worldwide.