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Business software maker Oracle Corp said on Monday it would buy Cerner Corp for $28.3 billion in its biggest ever deal, gaining access to a trove of data from one of the biggest healthcare IT ...
Oracle on Monday said it plans to acquire electronic health records giant Cerner in a deal valued at $28.3 billion. The Austin, Texas-based tech giant will acquire Kansas City, Missouri-based ...
So we are going after a much larger market than Cerner was,” Ellison said. Oracle’s total revenue for the quarter was $12.9 billion, up 4% year over year in constant currency.
Since Oracle completed its $28.4 billion acquisition of Cerner in June, the tech giant has made multiple changes to Cerner's leadership and operations.
Oracle Health includes health IT giant Cerner, which it acquired last year for about $28 billion. Cerner is Larry Ellison's primary focus as he bets on it to prove Oracle's cloud to the world.
Oracle and Cerner have begun to integrate the two companies’ systems four months after the completion of their $28.4 billion merger. The companies announced initial integrations at the first ...
Oracle's total cloud revenue, including the Cerner business, was $4.6 billion during the quarter, up 30%. But growth in its cloud business slowed from 54% the prior quarter.
Oracle's (ORCL) recent run, which includes landing a deal that could provide $30B in cloud computing revenue by fiscal 2028, ...
Oracle spent about $28 billion to acquire health IT giant Cerner last summer. Insiders say Oracle has since cut costs significantly, such as pausing raises and laying off 3,000. Leadership changes ...
June 15 (Reuters) - Software firm Oracle , opens new tab on Thursday laid off hundreds of employees, rescinded job offers and cut back open positions within its health unit, the Insider reported ...
After the acquisition closed in June, Oracle has laid off more than 3,000 of the 28,000 original Cerner employees, one of the people said. It also has not issued raises or granted promotions, and ...