Regístrese ahora para una mejor cotización personalizada!

Oracle buys health IT specialist Cerner for $28.3 billion

Dic, 20, 2021 Hi-network.com

Oracle announced that it will acquire Cerner, a specialist in clinical and healthcare IT systems, for an all-cash purchase price of$95.00 per share, or$23.8 billion in total value. 

The agreement, which is slated to close sometime during calendar year 2022, is expected to be immediately accretive to Oracle's earnings, and to provide "a huge additional revenue growth engine for Oracle for years to come as Oracle expands Cerner's business into many more countries throughout the world." 

The purchase of Cerner will give Oracle an instant, large-scale presence in the healthcare IT market. Oracle's targeting of healthcare is a logical next step for a company that already offers industry' specific solutions for customers in the financial services, telecom, utilities, pharmaceuticals, hospitality, retail, food & beverage, construction & engineering, manufacturing, and government markets. 

Oracle plans to align its solutions with Cerner's to create joint offerings with the goal of "providing medical professionals with better information-enabling them to make better treatment decisions resulting in better patient outcomes." It will also use its increased assets to accelerate new and ongoing product development at Cerner, with a particular focus on increasing usability and integrating voice-enabled user interfaces across its healthcare IT product lines. 

Initial impacts of the union on Cerner products are expected to include multiple Cerner solutions being supported by the Oracle Gen2 Cloud, additional Oracle product integrations to offer increased user access controls for private patient data, and the joining of other products aligned with the duo's plan to provide "continued and enhanced stewardship of health information."

Oracle chairman and CTO Larry Ellison expounded on the preceding goals, saying with this acquisition, "Oracle's corporate mission expands to assume the responsibility to provide our overworked medical professionals with a new generation of easier-to-use digital tools that enable access to information via a hands-free voice interface to secure cloud applications." 

The transaction remains subject to customary closing conditions, including necessary regulatory approvals and Cerner stockholders tendering the majority of their shares. 

If the deal closes successfully, Cerner will become part of Oracle's Industry Business Unit. Oracle plans to retain Cerner's current presence in the Kansas City area, while also expanding its services to new geographies across the globe. 

Featured

iPhone 15 Pro review: Prepare to be dazzledGenerative AI will far surpass what ChatGPT can do. Here's everything on how the tech advancesGoogle Pixel 8 vs. Google Pixel 8 Pro: Which one is right for you?The best USB-C cables for the iPhone 15: What the experts recommend
  • iPhone 15 Pro review: Prepare to be dazzled
  • Generative AI will far surpass what ChatGPT can do. Here's everything on how the tech advances
  • Google Pixel 8 vs. Google Pixel 8 Pro: Which one is right for you?
  • The best USB-C cables for the iPhone 15: What the experts recommend

tag-icon Etiquetas calientes: negocio empresas

Copyright © 2014-2024 Hi-Network.com | HAILIAN TECHNOLOGY CO., LIMITED | All Rights Reserved.