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REDWOOD SHORES, California, Sept. 20, 2020 /PRNewswire=KYODO JBN/ --

- Oracle to take a 12.5 percent stake in TikTok Global

Oracle Corporation (NYSE: ORCL) announced today that it was chosen to become

TikTok's secure cloud technology provider.  This technical decision by TikTok

was heavily influenced by Zoom's recent success in moving a large portion of

its video conferencing capacity to the Oracle Public Cloud.

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"TikTok picked Oracle's new Generation 2 Cloud infrastructure because it's much

faster, more reliable, and more secure than the first generation technology

currently offered by all the other major cloud providers," said Oracle Chief

Technology Officer Larry Ellison. "In the 2020 Industry CloudPath survey that

IDC recently released where it surveyed 935 Infrastructure as a Service (IaaS)

customers on their satisfaction with the top IaaS vendors including Oracle,

Amazon Web Services, Microsoft, IBM and Google Cloud .... Oracle IaaS received

the highest satisfaction score."

"As a part of this agreement, TikTok will run on the Oracle Cloud and Oracle

will become a minority investor in TikTok Global," said Oracle CEO Safra Catz.

"Oracle will quickly deploy, rapidly scale, and operate TikTok systems in the

Oracle Cloud. We are a hundred percent confident in our ability to deliver a

highly secure environment to TikTok and ensure data privacy to TikTok's

American users, and users throughout the world. This greatly improved security

and guaranteed privacy will enable the continued rapid growth of the TikTok

user community to benefit all stakeholders."

Based on decades of experience securing the world's most sensitive data, the

Oracle Generation 2 cloud was built from the ground up to fully isolate running

applications and autonomously respond to security threats.  Oracle will combine

its secure cloud technology with continuous code reviews, monitoring, and

auditing to provide unprecedented assurance that U.S. TikTok user data is

private and secure.

About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales,

Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing,

plus Highly Automated and Secure Generation 2 Infrastructure featuring the

Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL),

please visit us at www.oracle.com.

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Oracle and Java are registered trademarks of Oracle and/or its affiliates.

Other names may be trademarks of their respective owners.

SOURCE  Oracle

CONTACT: Contact Info, Deborah Hellinger, Senior Vice President, Oracle

Corporate Communications, (212) 508-7935, deborah.hellinger@oracle.com