Oracle has announced it will donate $1.4bn (around £1.1bn) in direct and ‘in-kind' support for the development of European computer sciences and skills.
The cash is part of an $3.3bn kitty that applies worldwide and is designed to support digital literacy to ensure enough skilled digital workers are churned out.
Oracle says it will use the funding to help train 1,000 European people so that they are competent to teach CS, Java and Database to help ensure they in turn can train up many more thousands in the same skills.
It expects to unleash these into an added 1,000 educational institutions, dubbed Oracle Academies, over a three year period.
"At Oracle, we are thrilled to inspire and engage students from all different parts of the world in computer science," said Alison Derbenwick Miller, Oracle Academy vice president.
"Earlier this year, Oracle made significant commitments to the White House's CS for All and Let Girls Learn initiatives. Today's announcement continues our momentum to advance digital education and increase diversity in technology fields globally."
Oracle has announced the money as the European Commission and DIGITALEUROPE launched its Digital Skills and Jobs Coalition which has very similar aims and intentions.
"Digitally skilled professionals are critical to Europe's competitiveness and capacity for innovation," said John Higgins, director general, at DIGITALEUROPE in celebration.
The outfit is a group of concerned parties including Amazon and Apple, Google, Sharp, Brother, Samsung, Nokia, Microsoft, and, of course, Oracle.
"Over the last ten years, we've seen the demand for workers with computer science and coding skills grow by four percent each year. Oracle's efforts to bring computer science into classrooms across the European Union will help strengthen our digital economy," Higgins added.
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