Connect with us

Hi, what are you looking for?


Oracle to Pay Extra Than $30 Billion for Cerner

Oracle to Pay Extra Than  Billion for Cerner

Oracle’s deal to amass Cerner is predicted to be introduced later Monday.


Justin Sullivan/Getty Photos

Oracle Corp.

ORCL -6.39%

is predicted to pay greater than $30 billion for electronic-medical-records firm

Cerner Corp.

CERN 12.93%

, based on individuals accustomed to the matter.

The all-cash deal is predicted to be introduced later Monday and worth Cerner at about $95 a share, one of many individuals mentioned.

Ought to a deal come collectively, it will rank as the largest ever for Oracle, which has a market worth of round $260 billion. Its shares fell greater than 6% Friday after The Wall Avenue Journal reported {that a} deal was imminent.

Oracle, a Silicon Valley veteran that final yr moved its headquarters to Austin, Texas, is without doubt one of the largest software program suppliers to different corporations and organizations.

Kansas Metropolis, Mo.-based Cerner designs software program that hospitals and medical doctors use to retailer and analyze medical information and different healthcare information.

Write to Dana Cimilluca at and Cara Lombardo at

Copyright ©2021 Dow Jones & Firm, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

You May Also Like


France, which has opened its borders to Canadian tourists, is eager to see Canada reopen to the French. The Canadian border remains closed...


Kashechewan First Nation in northern Ontario is experiencing a “deepening state of emergency” as a result of surging COVID-19 cases in the community...


The virus that causes COVID-19 could have started spreading in China as early as October 2019, two months before the first case was identified in the central city of Wuhan, a new study...


April Ross and Alix Klineman won the first Olympic gold medal for the United States in women’s beach volleyball since 2012 on Friday,...