Oracle in talks to buy Cerner - WSJ - News Summed Up

Oracle in talks to buy Cerner - WSJ


Adds details from report and backgroundDec 16 (Reuters) - Enterprise software maker Oracle ORCL.N is in talks to buy electronic medical records company Cerner CERN.O in a deal that could be valued at $30 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The transaction could bring Oracle a raft of health data to train and improve its artificial intelligence-based cloud services, boosting its presence in the healthcare sector. Cerner is the biggest seller of electronic health record software in the United States after Epic Systems Corp. In 2019, it had named Amazon Web Services as its preferred cloud provider and said the two companies were collaborating on AI services for health companies. Oracle and Cerner did not immediately respond to Reuters' request for comment.


Source: Wall Street Journal December 17, 2021 07:04 UTC



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