Oracle In Speak With Purchase Electronic Medical Records Company Cerner: Report

INSUBCONTINENT EXCLUSIVE:
Cerner is the biggest seller of electronic health record software in the United States.Enterprise software maker Oracle is in talks to buy
electronic medical records company Cerner in a deal that could be valued at $30 billion, the Wall Street Journal reported on Thursday,
citing people familiar with the matter.The transaction could bring Oracle a raft of health data to train and improve its artificial
intelligence-based cloud services, boosting its presence in the healthcare sector.If the deal materializes, it will be the biggest ever for
Oracle, which has a market value of more than $280 billion, the WSJ report said, adding that the Oracle-Cerner deal could become one of the
largest takeovers of 2021.Cerner is the biggest seller of electronic health record software in the United States after Epic Systems Corp
In 2019, it had named Amazon Web Services as its preferred cloud provider and said the two companies were collaborating on AI services for
health companies.Oracle and Cerner did not immediately respond to Reuters' request for comment.(Except for the headline, this story has not
been edited by TheIndianSubcontinent staff and is published from a syndicated feed.)