Oracle E-Business Suite started life as Oracle Financials in 1987.
August 1987: Oracle founds its Applications division, building business-management software closely integrated with its database software. Oracle Corporation acquires TCI for its project management software.
October 1987: Oracle Applications Release 1
Sometime in August 1988 they released their first ERP application called accounting system that has only general Ledger functionality enabled. This is one of the reason of having General ledger application_id is 101.
November 1988: Release 3
January 1989: Release 4
May 1989: Release 5
October 1989: Release 6
May 1990: Release 7
November 1990: Release 8
June 1992: Release 9
1995: Release 10
Release 10 Sub versions are 10.7NCA, 10.7.16.1, 10.7
April 1998: Release 11
Release 11 sub versions are 11.0, 11.0.1, 11.0.2, 11.0.3, 11.0.28
July 16, 1998: First combined production installation of Oracle Applications Release 10.7 NCA at Leeson Electric Corporation.
May 1999: Release 11.0.3
11i Sub Versions are 11.5, 11.5.1, 11.5.2, 11.5.3, 11.5.4, 11.5.5, 11.5.6, 11.5.7, 11.5.8, 11.5.9, 11.5.10.0, 11.5.10.1, 11.5.10.2.
May 2000: Release 11.5.1
Oct 2000: Release 11.5.2
Jan 2001: Release 11.5.3
Jun 2001: Release 11.5.4
Sep 2001: Release 11.5.5
Jan 2002: Release 11.5.6
May 2002: Release 11.5.7
Nov 2002: Release 11.5.8
Jun 2003: Release 11.5.9
Nov 2004: Release 11.5.10
Feb 2006: Release 11.5.10.2
R12 Sub Versions are 12.0.0, 12.0.1, 12.0.2, 12.0.3, 12.0.4, 12.0.5, 12.0.6, 12.0.7, 12.1, 12.1.1, 12.1.2, 12.1.3 and latest version is R12.2.2
31 Jan 2007: Release R12.0.0
26th Apr 2007: R12.0.1 Released
18th Jul 2007: R12.0.2 Released
16th Oct 2007: R12.0.3 Released
15th Jan 2008: R12.0.4 Released
7th Nov 2008: R12.0.6 Released
4th May 2009: R12.1.1 Released
17th Dec 2009: R12.1.2 Released
20th Aug 2010: R12.1.3 Released
19th Sep 2013: R12.2 (R12.2.1) Released
20th Sep 2013: R12.2.2 Released
16th Dec 2013: R12.2.3 Released
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