Oracle targets healthcare cloud expansion with $28.3B Cerner deal

Oracle Corp.’s $28.30 billion bid for electronic medical records company Cerner Corp. exemplifies a key move toward software specialization, as tech companies are increasingly eyeing the massive healthcare sector as their next big opportunity. The deal, expected to close in 2022, will bring Cerner — the second-largest U.provider of electronic health records software — together with tech company Oracle, a major cloud services provider that has lagged tech peers such as Amazon.com Inc.

Link: Oracle targets healthcare cloud expansion with $28.3B Cerner deal
via http://www.spglobal.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: