Cerner makes $1.3B acquisition
August 05, 2014
Cerner Corp. will buy health information technology
competitor Siemens Health Services for $1.3 billion — in cash.
Siemens Health Services is a division of German engineering
company Siemens AG.
The combination will bring Cerner’s annual revenue to $4.5
billion — up from $2.91 billion recorded at the end of 2013. The deal also will
bolster Cerner’s international growth, giving it a presence in about 40
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