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Oracle's (ORCL) debt profile could further deteriorate if the company takes up more debt to finance Cerner acquisition and that could lead to possible rating downgrades, noted Bloomberg.
Oracle Health, formerly Cerner Corporation then Oracle Cerner, is a US-based, multinational provider of health information technology (HIT) platforms and services. As of February 2018 [update] , it had 27,000 customers globally [ 3 ] and 29,000 employees, with over 13,000 at its headquarters in North Kansas City, Missouri .
A recent round of Oracle layoffs, along with a pricey purchase of healthcare data company Cerner, has some ORCL stock investors feeling anxious. Yet, the layoffs are a necessary step to help slim ...
This is a listing of Oracle Corporation's corporate acquisitions, including acquisitions of both companies and individual products. Oracle's version [1] does not include value of the acquisition. [2] See also Category:Sun Microsystems acquisitions (Sun was acquired by Oracle).
Oracle's (ORCL) takeover of Cerner Corporation (CERN) is expected to bolster the company's position in the lucrative healthcare domain.
At the end of last year, just before Christmas, Oracle made a big move when it announced it was acquiring electronic health records company Cerner for $28 billion, thrusting it quickly into the ...
Additionally, the company's $28 billion acquisition of medical records company Cerner has posed challenges. After initially getting a bump from absorbing the business, Oracle is back to looking ...
Additionally, Oracle is in the midst of integrating its $28.2 billion buyout of electronic medical records company Cerner, an acquisition that closed in June 2022. That heavy lift is creating ...