Oracle Corp. agreed to acquire Cerner Corp. for about $ 28.3 billion, according to Bloomberg. This is the largest acquisition in Oracle history. Under the cash-only deal, Oracle will pay $ 95 per share, the two companies announced today. That’s a 20% premium on Cerner’s value last Thursday, when it became known the two companies […]
Tag: Oracle
Oracle in talks to acquire Cerner for $ 30 billion
Enterprise software maker Oracle is in talks to acquire Cerner, an electronic health records company. The potential deal is estimated at $ 30 billion. This was reported by the Wall Street Journal, citing people familiar with the issue. The deal could provide Oracle with a wealth of patient health data it needs to educate and […]
US TikTok buyout further extended until November elections
In a bid to buy stakes in the video app TikTok, US regulators are drafting a deal with ByteDance Ltd., in order to solve security issues. Oracle Corp., and other companies leading the deal are expecting a delay in the matters to get resolved, and are ready for it to be dragged until after the […]