By Kimberly ChinCerner Corp.'s shares climbed 20% in after-hours trading to $96 after news the company was in discussions to be acquired by Oracle Corp. The deal could be valued at around $30 billion and help push the enterprise-software giant further into healthcare, The Wall Street Journal reported, citing people familiar with the matter. Kansas City, Mo.-based Cerner designs software that hospitals and doctors use to store and analyze medical records and other healthcare data. Its market value sits at around $23 billion. Write to Kimberly Chin at kimberly.chin@wsj.com(END) Dow Jones NewswiresDecember 16, 2021 19:18 ET (00:18 GMT)Copyright (c) 2021 Dow Jones & Company, Inc.

Source: Wall Street Journal December 17, 2021 00:47 UTC