Oracle Purchase of Cerner Approved

AUSTIN, TX—Today, Oracle Corporation announced that all required antitrust approvals have been obtained for its proposed acquisition of Cerner, including European Commission clearance. Cerner is a leading provider of digital information systems used within hospitals and health systems to enable medical professionals to deliver better healthcare to individual patients and communities.

Oracle expects to complete the tender offer promptly following the expiration of that offer at midnight Eastern time on June 6, 2022. Completion of the tender offer remains subject to the conditions described in the tender offer statement on Schedule TO filed by Oracle with the U.S. Securities and Exchange Commission on January 19, 2022, as amended.

Oracle Chairman and Chief Technology Officer Larry Ellison will discuss the Cerner acquisition and Oracle’s new suite of cloud-based health management applications at an online event on June 9, 2022, at 3:00 p.m. CT. Register for the event.

“Working together, Cerner and Oracle have the capability to transform healthcare delivery by providing medical professionals with a new generation of healthcare information systems,” said Larry Ellison, Chairman and Chief Technology Officer, Oracle. “Better information enables better treatment decisions resulting in better patient outcomes. Our new, easy-to-use systems are designed to lower the administrative workload burdening our medical professionals while improving patient privacy and lowering overall healthcare costs.”

“We expect this acquisition to be substantially accretive to Oracle’s earnings on a non-GAAP basis in fiscal year 2023,” said Safra Catz, Chief Executive Officer, Oracle. “Healthcare is the world’s largest and most important vertical market—$3.8 trillion last year in the United States alone. We expect Cerner to be a huge growth engine for years to come.”

“Cerner has been a leader in helping digitize medical care, and now it’s time to realize the real promise of that work with the care delivery tools that get information to the right caregivers at the right time,” said David Feinberg, Chief Executive Officer and President, Cerner. “Joining Oracle as a dedicated Industry Business Unit provides an unprecedented opportunity to accelerate our work modernizing electronic health records, improving the caregiver experience, and enabling more connected, high-quality and efficient patient care.”

“Oracle’s Autonomous Database, APEX low-code development tools, and voice-enabled user interface enable us to rapidly modernize Cerner’s systems and move them to our next-generation Cloud,” said Mike Sicilia, Executive Vice President, Industries, Oracle. “This can be done very quickly because Cerner’s largest business and most important clinical system already runs on the Oracle Database. No change required there. What will change is the user interface. We will make Cerner’s systems much easier to learn and use by making hands-free voice technology the primary interface to Cerner’s clinical systems.”

About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. Oracle is a National BDPA mission partner and Oracle Scholars scholarship sponsor. For more information about Oracle (NYSE: ORCL), please visit their landing page at www.oracle.com.

— Source and photos: Oracle Corporation


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Future of the Joint Enterprise Defense Infrastructure Cloud Contract

PENTAGON—Today, the Department of Defense (DoD) canceled the Joint Enterprise Defense Infrastructure (JEDI) Cloud solicitation and initiated contract termination procedures. The Department has determined that, due to evolving requirements, increased cloud conversancy, and industry advances, the JEDI Cloud contract no longer meets its needs. The Department continues to have unmet cloud capability gaps for enterprise-wide, commercial cloud services at all three classification levels that work at the tactical edge, at scale — these needs have only advanced in recent years with efforts such as Joint All Domain Command and Control (JADC2) and the Artificial Intelligence and Data Acceleration (ADA) initiative. 

“JEDI was developed at a time when the Department’s needs were different and both the CSPs technology and our cloud conversancy was less mature. In light of new initiatives like JADC2 and Ai and Data Acceleration (ADA), the evolution of the cloud ecosystem within DoD, and changes in user requirements to leverage multiple cloud environments to execute mission, our landscape has advanced and a new way-ahead is warranted to achieve dominance in both traditional and non-traditional warfighting domains,” said John Sherman, acting DoD Chief Information Officer.

Concurrent with the cancellation of the JEDI Request for Proposals (RFP), the DoD announced its intent for new cloud efforts. The Joint Warfighter Cloud Capability (JWCC) will be a multi-cloud/multi-vendor Indefinite Delivery-Indefinite Quantity (IDIQ) contract. The Department intends to seek proposals from a limited number of sources, namely the Microsoft Corporation (Microsoft) and Amazon Web Services (AWS), as available market research indicates that these two vendors are the only Cloud Service Providers (CSPs) capable of meeting the Department’s requirements. However, as noted in its Pre-Solicitation Notice, the Department will immediately engage with industry and continue its market research to determine whether any other U.S.-based hyperscale CSPs can also meet the DoD’s requirements. If so, those Department will also negotiate with those companies. 

— Source and photos: Department of Defense


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Zoom Selects Oracle as a Cloud Infrastructure Provider for Its Core Online Meeting Service

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Zoom deploys Oracle Cloud within hours; enables millions of meeting participants within weeks

Redwood Shores, CA — Today Oracle announced that Zoom Video Communications, Inc. is turning to Oracle Cloud Infrastructure to support its growth and evolving business needs as the enterprise video communications company continues to innovate and provide an essential service to its extensive customer base.

Zoom PC“We recently experienced the most significant growth our business has ever seen, requiring massive increases in our service capacity. We explored multiple platforms, and Oracle Cloud Infrastructure was instrumental in helping us quickly scale our capacity and meet the needs of our new users,” said Zoom CEO Eric S. Yuan. “We chose Oracle Cloud Infrastructure because of its industry-leading security, outstanding performance, and unmatched level of support.”

To meet rapidly increasing demand for its services, including a sudden spike to 300 million daily meeting participants, Zoom needed additional cloud capacity immediately. Zoom selected Oracle Cloud Infrastructure for its advantages in performance, scalability, reliability and superior cloud security. Within hours of deployment, Oracle Cloud Infrastructure supported hundreds of thousands of concurrent Zoom meeting participants. After achieving full production, Zoom is now enabling millions of simultaneous meeting participants on Oracle Cloud Infrastructure. Oracle’s second-generation cloud infrastructure will help Zoom scale to continue to deliver flawless service to its customer base, adapt to changing demands, and lead the video communications industry.

Zoom Presence

“Video communications has become an essential part of our professional and personal lives, and Zoom has led this industry’s innovation,” said Oracle CEO Safra Catz. “We are proud to work with Zoom, as both their cloud infrastructure provider and as a customer, while they grow and continue to connect businesses, people and governments around the world.”

Oracle is uniquely positioned to enable Zoom’s rapid expansion and innovative video communications platform, due to its network architecture, capacity and data center locations. Already, Zoom is transferring upwards of seven petabytes through Oracle Cloud Infrastructure servers each day, roughly equivalent to 93 years of HD video. Oracle’s second-generation cloud infrastructure, combined with expertise in security, will support Zoom in delivering an enterprise-ready video communications experience.

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database.

Source and photos: Oracle and Zoom

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Global Diversity at Oracle

SÃO PALO, BRAZIL — Oracle’s Traci Wade visits Brazil. Ms. Wade, global leader of diversity and inclusion in Oracle, is in São Paulo this week and has taken advantage to talk to our teams and partners about the importance of the variety of people in a company. “look at your team and ask yourself, who isn’t here? Bring these people inside and make sure they will be part of the solutions, the discussions, the Innovation. “


SÃO PALO, BRAZIL — Traci Wade, da Oracle, visita o Brasil. Senhorita Wade, líder global de diversidade e inclusão na Oracle, está em São Paulo esta semana e aproveitou para conversar com nossas equipes e parceiros sobre a importância da variedade de pessoas em uma empresa. “Olhe para o seu time e se pergunte: quem não está aqui? Traga essas pessoas pra dentro e garanta que elas farão parte das soluções, das discussões, da inovação”.

#OracleDiversity #FutureCreators #BDPAITCorps

– Image and articles: Oracle

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