M&A Deal Summary

Oracle Acquires Cerner

On December 20, 2021, Oracle acquired information technology company Cerner for 28.3B USD

Acquisition Highlights
  • This is Oracle’s 15th transaction in the Information Technology sector.
  • This is Oracle’s largest (disclosed) transaction.
  • This is Oracle’s 114th transaction in the United States.
  • This is Oracle’s 1st transaction in Missouri.

M&A Deal Summary
Date 2021-12-20
Target Cerner
Sector Information Technology
Buyer(s) Oracle
Deal Type Add-on Acquisition
Deal Value 28.3B USD

Target

Cerner

North Kansas City, Missouri, United States
website
Entrance to Cerner's corporate campus in North Kansas City, Missouri.
Entrance to Cerner's corporate campus in North Kansas City, Missouri.
Cerner is a supplier of healthcare information technology services. The Company offers a range of intelligent solutions and services that support the clinical, financial and operational needs of organizations. Cerner was formed in 1979 and is based in North Kansas City, Missouri.

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Buyer(S) 1

Buyer

Oracle

Austin, Texas, United States

website

Category Company
Founded 1977
Sector Software
Employees143,000
Revenue 42.4B USD (2022)
DESCRIPTION
Oracle's headquarters in Austin, Texas.
Oracle's headquarters in Austin, Texas.

Oracle provides products and services that address corporate information technology (IT) environments including applications, platforms, and infrastructure. Oracle's products and services are available to customers via cloud computing or on-premises deployment models. Products include database and middleware software, application software, cloud infrastructure software and hardware systems (Oracle Engineered Systems, servers, storage, networking and industry specific products), along with support and related services. Oracle was formed in 1977 and is based in Austin, Texas.

DEAL STATS #
Overall 131 of 133
Sector (Information Technology) 15 of 16
Type (Add-on Acquisition) 122 of 124
State (Missouri) 1 of 1
Country (United States) 114 of 115
Year (2021) 2 of 3
Size (of disclosed) 1 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-25 GloriaFood

Bucharest, Romania

GloriaFood is an online marketing and ordering platform providing a holistic online ordering solution that enables restaurateurs to easily create websites, branded mobile apps, order menus, and accept online payments. It is designed to make online food ordering a smooth and enjoyable experience for both the customer and the restaurant owner. GloriaFood was formed in 2013 and is based in Bucharest, Romania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-21 Federos

Frisco, Texas, United States

Federos is a provider of carrier-grade, digital service assurance solutions to communications companies, managed service providers, and enterprises. Federos was founded in 2005 and is based in Frisco, Texas.

Buy -
Mergr

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