Oracle Corporation sets to acquire Cerner Corporation
On December 20, 2021, Oracle Corporation and Cerner Corporation entered into an agreement as per which Oracle will acquire Cerner through an all-cash tender offer for approximately USD 28.3 billion in equity value.
Larry Ellison, Chairman and Chief Technology Officer, Oracle, said that collaborating with Cerner and Oracle has the capacity to transform healthcare delivery by offering medical professionals with enhanced information. He further added that with this acquisition, Oracle’s corporate mission expands to plan the responsibility to offer their overworked medical professionals with a new gen...
