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The company has more than 29,000 employees globally, with over 13,000 at its headquarters in North Kansas City, Missouri. [4] [5] [6] In December 2021, Oracle Corporation announced an agreement to acquire Cerner for approximately US$28.3 billion. [7] The deal closed in June 2022, with Cerner since becoming part of the broader Oracle brand. [8]
In December 2021, Oracle announced the acquisition of Cerner, a health information technology company. [21] The acquisition of Cerner was completed on June 8, 2022, for US$28.3 billion in cash. [22] Also in December 2021, Oracle made public the acquisition of Federos, an artificial intelligence (AI) and automation tools company for network ...
This is a listing of Oracle Corporation's corporate acquisitions, including acquisitions of both companies and individual products. Oracle's version [1] does not include value of the acquisition. [2] See also Category:Sun Microsystems acquisitions (Sun was acquired by Oracle).
Oracle's (ORCL) takeover of Cerner Corporation (CERN) is expected to bolster the company's position in the lucrative healthcare domain. Oracle (ORCL) to Acquire Cerner for $28B in Cash, Shares ...
Additionally, the company's $28 billion acquisition of medical records company Cerner has posed challenges. After initially getting a bump from absorbing the business, Oracle is back to looking ...
Cerner shareholders will receive $95 in cash for each share they hold, representing a premium of 5.8% to the company's last closing price. Oracle will be able to use the data from Cerner to train ...
BEA began as a software company, founded in 1995 and headquartered in San Jose, California. It grew to have 78 offices worldwide at the time of its acquisition by Oracle. The company's name is an initialism of the first names of the company's three founders: Bill Coleman, Ed Scott, and Alfred Chuang.
Oracle's (ORCL) debt profile could further deteriorate if the company takes up more debt to finance Cerner acquisition and that could lead to possible rating downgrades, noted Bloomberg.