VentureBeat June 10, 2022
This week, Oracle’s campaign to “move up the stack” took a big step forward. The company officially completed the acquisition of Cerner, a major supplier of health information systems, with a star-studded event filled with speeches from Oracle’s leader, Larry Ellison, as well as appearances by celebrities like Tony Blair, the former prime minister of Great Britain.
The deal continues a shift in the corporate model that’s been unfolding for a while. In the past, Oracle built software and left it up to the customers to fill the database up with whatever they wanted. Lately, Oracle has been shifting to a vision where the data itself and the control of it may be where the true value lies.
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