US software publisher Oracle is in negotiations to acquire Cerner, a company specializing in the digitization of medical data in healthcare. The deal, potentially worth $ 30 billion, would be the largest ever for the software giant if it ever goes through.
Oracle is currently in talks to buy electronic medical records company Cerner according to the Wall Street Journal. NASDAQ-listed, Cerner, with a valuation of over $ 23 billion, designs software used in hospitals and by physicians to store and analyze medical records and other healthcare-related data. The operation, estimated at 30 billion dollars, would allow the computer giant to strengthen itself in the health sector. An area where it is already very present through various data analysis solutions allowing health insurers, healthcare providers and public data systems to increase their efficiency and improve patient outcomes.
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Oracle whets your appetites
If agreed, Cerner’s healthcare expertise, combined with Oracle’s treatment, could spawn a huge cloud-based healthcare innovation and analytics powerhouse. Cerner’s activity, although mainly based on the sale and support of traditional software, has been moving for several years towards its cloud solutions. A market of 214 billion dollars in which Oracle is also trying to develop after being left behind by Amazon, Microsoft and Google. The Cerner acquisition follows Microsoft’s $ 16 billion deal to acquire Nuance Communications, a company specializing in voice artificial intelligence, with leading software companies seeking to forge closer ties with the audio industry. health care.
In 2020, Oracle had already shown its appetite for large-scale transactions by beating Microsoft in the call for tenders for the American activities of the video-sharing application TikTok. The Trump administration’s concerns over Chinese ownership of TikTok had paved the way for a buyout of its operations on the North American continent. The transaction has been put on hold indefinitely by the Biden administration. We have to go back to 2016 to see Oracle make its biggest buyout with the acquisition of Netsuite, a company specializing in the cloud, for 9.3 billion dollars.