Oracle acquires Cerner for $28.3B

As first reported this past week, Oracle Corporation and Cerner Corp. have agreed to a deal where the company will acquire the Kansas City-based digital health giant in an all-cash deal for $95 per share.

The acquisition of Cerner, founded in 1979, is the biggest-ever for Oracle.

WHY IT MATTERS
With the $28.3 billion transaction, “Oracle’s corporate mission expands to assume the responsibility…