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Austin, Texas-based software provider Oracle (NYSE: ORCL) announced that its acquisition of Cerner (Nasdaq: CERN) will close on Wednesday, June 8, after a majority of the Missouri-based health information technology maker’s outstanding shares were validly tendered. American Stock Transfer & Trust Co., the depositary for the tender offer, noted...

Oracle (NYSE: ORCL) has received European Commission clearance and other antitrust approvals required for the company’s proposed acquisition of Missouri-based health information technology maker Cerner (Nasdaq: CERN). Oracle agreed to acquire Cerner for approximately $28.3 billion through an all-cash tender offer in December and the Austin, Te...

Oracle (NYSE: ORCL) has once again extended its tender offer of $95 in cash per share to buy all outstanding shares of common stock of health information technology company Cerner (Nasdaq: CERN) to provide more time to satisfy the remaining conditions. Oracle agreed to acquire Cerner for approximately $28.3 billion through an all-cash tender offer...

Jeffrey Specht, most recently executive director of the Department of Defense Cyber Crime Center, has joined Oracle (NYSE: ORCL) as senior director for government security. He brings to Oracle 27 years of experience as a civil servant and will oversee the company’s efforts in delivering support and building partnerships with DOD, the U.S. intellig...

The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for the proposed acquisition of health information technology company Cerner (Nasdaq: CERN) by Oracle (NYSE: ORCL) expired Tuesday, Feb. 22. Oracle agreed to acquire Cerner for approximately $28.3 billion through an all-cash tender offer in late December and both parti...

Executive Mosaic has introduced Pat Mungovan, senior vice president and general manager of Oracle’s government and education business in North America, as a 2022 Wash100 Award recipient. This marks his entry into the premier class of 100 executives recognized by Executive Mosaic as the most significant contributors in the government contractin...

Oracle (NYSE: ORCL) is in discussions to acquire Cerner (Nasdaq: CERN) in a transaction that could be valued at approximately $30 billion, The Wall Street Journal reported Thursday. WSJ cited sources that say both parties could reach an agreement soon. The potential acquisition could help Oracle, which has a market value of more than $280...

Sandy Barsky, former information technology acquisition leader at the General Services Administration, has joined Oracle (NYSE: ORCL) as executive program director for government and education, FedScoop reported Wednesday. In this role, he will advise engineers and commercial personnel on cloud platforms for the federal government market and educati...

Aaron Millstone, formerly a senior vice president at Oracle (NYSE: ORCL), has joined NTT Data to serve as divisional president for digital transformation services and help grow the said business. He will be responsible for driving NTT Data’s development of practices for cloud adoption, data intelligence, customer experience and other aspects o...