Becker's Healthcare December 20, 2021
Cerner and Oracle jointly announced an agreement Dec. 20 for Oracle to acquire Cerner in a $28 billion deal.
Eight things to know:
1. Software giant Oracle will buy Cerner through an all-cash tender offer for $95.00 per share, or about $28.3 billion in equity value, the companies said.
2. Cerner will become a dedicated industry business unit within Oracle. Under the deal, Oracle will also make its hands-free voice assistant the primary interface to Cerner’s clinical systems, allowing clinicians to make commands in the EHR via voice instead of typing on the computer keyboard.
3. The transaction is expected to close in 2022, subject to certain regulatory approvals and other closing conditions, including Cerner...
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