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, ...
Oracle's second-quarter revenue fell short of analysts' expectations, dragged down by its Cerner business and slowing cloud growth. The software giant's total revenue for the quarter grew 4%, but ...
The Department of Veterans Affairs’ Oracle Cerner EHR pharmacy services experienced an outage on Oct. 6, FedScoop reported Oct. 7. The outage, which caused the service to be unavailable for ...
Oracle closed its $28.3 billion acquisition of EHR vendor Cerner in the summer last year, expanding its presence in the healthcare sector. Management has warned that Cerner will face some headwinds as ...
The exterior of the Veterans Affairs Hospital is seen November 10, 2003 in New York City. (Photo by Spencer Platt/Getty Images) The Department of Veterans Affairs and contractor Oracle Cerner said ...
Oracle closed its $28.4 billion acquisition of Cerner in June and the company contributed $1.4 billion to Oracle’s revenue in the first quarter of 2023, which ended Aug. 31. Larry Ellison, chair and ...
Oracle ORCL is looking to takeover Cerner Corporation CERN in an all-cash transaction amounting to $28.3 billion or $95 per share. The acquisition, biggest ever for Oracle, is expected to bolster the ...
Oracle's core competitive advantage in the on-premises relational database market is eroding due to cloud migration and rising unstructured data. New cloud-based database service providers offer ...
Cerner may have ceded U.S. business to reigning electronic health records market leader Epic Systems, but new owner Oracle plans to close the gap with cloud services from supply chain management to ...
It's been eight weeks or so since one of the biggest M&A deals in Big Tech and health IT history was first rumored, and subsequently confirmed. (Or 13 years, depending whom you ask.) Industry sages ...
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