On Dec 20, narrow-moat Oracle agreed to acquire narrow-moat Cerner for $95 per share ($29.4 billion in enterprise value) in an all-cash deal that will be the largest in Oracle's history. At first ...

J.P. Morgan downgraded Oracle (NYSE:ORCL) to Neutral from Overweight noting that solid Oracle Cloud Infrastructure, or OCI, growth may be peaking as Cerner transition and data center buildout pose new ...

Oracle shares fell 13% Tuesday as the software giant's near-term revenue forecast was weaker than Wall Street analysts expected. The company, which acquired health IT company Cerner a year ago, ...

Northland business groups say Cerner's vacant HQ campus could once again bustle with employees — if only Oracle would engage ...

Last quarter, Oracle's stock was hit hard after the software giant reduced fiscal Q2's guidance below what the sell-side was expecting, even though operating margin rose about 150 bps y.y. When Oracle ...

After reporting a jump in cloud revenue and record annual sales earlier this week, Oracle is reportedly laying off Cerner employees, casting a shadow on plans for its $28 billion acquisition of the ...

The push to the cloud will improve performance and security in addition to allowing for new features, said Larry Ellison, Oracle chairman and CTO, during the earnings call. Although the business is ...

Oracle Corporation (NYSE:ORCL) made a $28 billion bet on Cerner Corporation to revolutionize healthcare. However, the electronic health records system has been linked to patient deaths, leading to a ...

New 10-year agreement to provide more efficient, secure, timely access to patient information The new modernization known in Nova Scotia as "One Person One Record" (OPOR), is intended to provide ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Oracle Cerner's latest round of ...

Oracle spent about $28 billion to acquire health IT giant Cerner last summer. Insiders say Oracle has since cut costs significantly, such as pausing raises and laying off 3,000. Leadership changes and ...