Reuters December 16, 2021

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.

If the deal materializes, it will be the biggest ever for Oracle, which has a market value of more than $280 billion, the...

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Topics: EMR / EHR, Health IT, Mergers & Acquisitions / JV, Technology, Trends
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