Tag: Larry Ellison

Oracle acquires Cerner

Oracle Corporation and Cerner Corporation jointly announced an agreement for Oracle to acquire Cerner through an all-cash tender offer for $95.00 per share, or approximately $28.3 billion in equity value. Cerner is a provider of digital information systems used within hospitals and health systems to enable medical professionals to deliver better healthcare to individual patients and communities. “Working together, Cerner…

Safra Catz appointed as a sole CEO of Oracle

Safra Catz is appointed as the sole CEO of Oracle. The decision comes after the tragic death of former CEO Mark Hurd in October this year. The news of her appointment is confirmed by Larry Ellison in the company’s second quarter results. “We have no plans for having a second CEO, it was an unusual…