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Oracle Cerner or Oracle Health, formerly Cerner Corporation, is a US-based, multinational provider of health information technology (HIT) platforms and services. In February 2018, more than 27,000 customers globally utilised Cerner products. [ 3 ]
In December 2021, Oracle announced the acquisition of Cerner, a health information technology company. [21] The acquisition of Cerner was completed on June 8, 2022, for US$28.3 billion in cash. [22] Also in December 2021, Oracle made public the acquisition of Federos, an artificial intelligence (AI) and automation tools company for network ...
In fiscal 2023, its revenue was boosted by its $28 billion acquisition of the healthcare IT services giant Cerner, which closed at the beginning of fiscal 2023 (in June 2022). It also bought back ...
Cerner Enviza is an American healthcare company that provides data, analytics, and research to the life sciences industry, with a particular focus on oncology and rare diseases. Kantar Health was acquired by Bain Capital in 2019, [ 2 ] which sold it to the Cerner Corporation on April 1, 2021, and was subsequently renamed Cerner Enviza.
Oracle's (ORCL) debt profile could further deteriorate if the company takes up more debt to finance Cerner acquisition and that could lead to possible rating downgrades, noted Bloomberg.
Oracle's (ORCL) takeover of Cerner Corporation (CERN) is expected to bolster the company's position in the lucrative healthcare domain. Oracle (ORCL) to Acquire Cerner for $28B in Cash, Shares ...
At the time of the acquisition, Stellent had 575 employees. [39] Stellent was a publicly traded company (NASDAQ: STEL) [ 40 ] with trailing twelve month revenues in excess of $130 million. [ citation needed ] Stellent's primary product was known as Universal Content Management (UCM), which formed the foundation of most of its other content ...
Cerner opened the Continuous campus in 2013 as it continued to grow its footprint across the Kansas City area. But the coronavirus pandemic and the company’s acquisition by Texas-based Oracle ...