Cerner Buyout Coming Soon

Smarter TKC reader are watching this headline and want to share it . . .

AFTER RECENT LAYOFSS, CERNER IS NOW IN PLAY AS A BUYOUT TARGET!!!

Most of the reports are paywalled but here's a passage making sense of the deal already in motion:

"That effort could make Cerner an attractive target for Oracle, the second-biggest software maker by revenue, which is known for database products. While Oracle has struggled to gain ground in the cloud-computing business, trailing far behind market leaders such as Amazon.com Inc. and Microsoft Corp., a deal for Cerner would give Oracle a huge foothold in the health industry. The sector alone is expected to spend $15.8 billion on cloud infrastructure and software by 2023."

Read more via www.TonysKansasCity.com news links . . .

WSJ News Exclusive | Oracle in Talks to Buy Cerner

Oracle Corp. is in talks to buy electronic-medical-records company Cerner Corp. , according to people familiar with the matter, a deal that could be worth around $30 billion and push the enterprise-software giant further into healthcare. An agreement could be finalized soon, some of the people said, assuming the talks don't fall apart or drag out.

Oracle in talks to buy Cerner - WSJ

Dec 16 (Reuters) - Enterprise software maker Oracle (ORCL.N) is in talks to buy electronic medical records company Cerner (CERN.O) in a deal that could be valued at $30 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

Cerner's Shares Rise on Oracle Acquisition Talks

By Kimberly Chin Cerner Corp.'s shares climbed 20% in after-hours trading to $96 after news the company was in discussions to be acquired by Oracle Corp. The deal could be valued at around $30 billion and help push the enterprise-software giant further into healthcare, The Wall Street Journal reported, citing people familiar with the matter.

Developing . . .