The American IT giant Oracle, also present in Romania, buy a healthcare company digitizing $ 28.3 billion in transaction value.
Cerner, an IT company in Kansas City, Missouri, is developing computer systems for hospitals and other health care facilities, such as electronic medical records. With this acquisition, Oracle, known for its corporate software, is strongly attacking the niche of digital services.
Oracle will pay $ 95 a share Cerner, resulting in a total value of the company purchased of $ 28.3 billion. The transaction is made entirely in cash.
“Together, Cerner and Oracle have the ability to transform healthcare by providing better information to professionals in the field, enabling them to make better treatment decisions with superior patient outcomes. With this acquisition, Oracle’s corporate mission expands, taking on the responsibility of providing our over-used medical professionals with a new generation of easier-to-use digital tools that provide access to information through a user-friendly interface. hands-free voice command to secure cloud applications. Next-generation medical information systems promise to reduce the administrative burden on our healthcare professionals, improve patient confidentiality and outcomes, and lower overall healthcare costs, ”said Oracle founder Larry billionaire Larry Ellison.Photo), president and chief technology officer of the company.
In Romania, Oracle has a very strong presence, through its subsidiary in Bucharest, established in 2002. Oracle Romania SRL had in 2020 a number of 2325 employees, decreasing compared to previous years. The company achieved a turnover of almost 820 million lei and a profit of 48 million lei in 2020.
Worldwide, the Texan company it has grossed $ 40 billion a year.
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