Oracle in Talks to Acquire Cerner for $30B

– Oracle Corp. is currently in discussions to acquire health IT vendor Cerner in a deal that could be worth around $30 billion, Wall Street Journal first reports.

– If the deal is finalized, it would be marked as the largest health IT acquisition to date and establish Oracle as a significant player in the healthcare space.

– The news of the potential acquisition increased Cerner shares by 14.2% in trading Friday to $90.75.

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Cerner Corporation

From the start, our goal has been to bring the health care and the development worlds together. Encouraging innovators, both third party vendors and clients, to develop apps that work across existing health records, helps the industry advance the way care is delivered through improved interoperability capabilities. Cerner Open Developer Experience is a digital experience designed to meet market expectations of open communications and enhance collaboration with third-party and client developers with SMART® on FHIR® applications. Robust API documentation, clearly defined guidelines and access to tools enable innovative app development.

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