“Oracle has again extended its offer to acquire the key technology provider behind the Department of Veterans Affairs’ electronic healthcare modernization program.
The cloud giant on Tuesday announced that it would extend its prior offer to purchase Cerner for $95 per share, or $28.3 billion, until 12 a.m. eastern time at the end of the day on April 13…”
“Oracle on Feb. 11 previously extended its bid for the company until 12 a.m. at the end of the day on March 16, and the preliminary antitrust review period for the deal was prolonged until Feb. 22.
Cerner’s Millennium platform and its HealtheIntent cloud platform form the backbone of the VA’s health records modernization strategy, which relies on transferring patient data off the VA’s legacy Veterans Health Information Systems and Technology Architecture (VistA)…” Read the full article here.
Source: Oracle further extends $28B offer to acquire Cerner amid antitrust scrutiny – By John Hewitt Jones, March 15, 2022. FedScoop.
