Business

Cerner is the biggest seller of electronic health record software in the United States.Enterprise software maker Oracle is in talks to buy electronic medical records company Cerner in a deal that could be valued at $30 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter.The transaction could bring Oracle a raft of health data to train and improve its artificial intelligence-based cloud services, boosting its presence in the healthcare sector.If the deal materializes, it will be the biggest ever for Oracle, which has a market value of more than $280 billion, the WSJ report said, adding that the Oracle-Cerner deal could become one of the largest takeovers of 2021.Cerner is the biggest seller of electronic health record software in the United States after Epic Systems Corp.
In 2019, it had named Amazon Web Services as its preferred cloud provider and said the two companies were collaborating on AI services for health companies.Oracle and Cerner did not immediately respond to Reuters' request for comment.(Except for the headline, this story has not been edited by TheIndianSubcontinent staff and is published from a syndicated feed.)





Unlimited Portal Access + Monthly Magazine - 12 issues-Publication from Jan 2021


Buy Our Merchandise (Peace Series)

 


Contribute US to Start Broadcasting



It's Voluntary! Take care of your Family, Friends and People around You First and later think about us. Its Fine if you dont wish to contribute and if you wish to contribute then think about the Homeless first and Feed them. We can survive with your wishes too :-). You can Buy our Merchandise too which are of the finest quality.


STRIPE





20