Cerner Corp. to Acquire Siemens Health Information Technology Unit
August 05, 2014
Cerner Corp. said it has agreed to buy Siemens AG’s health
information technology business unit for $1.3 billion in cash.
As part of the agreement, Cerner and Siemens will enter
into a three-year strategic alliance building on Cerner's health IT business
and Siemens's medical devices and imaging, the company said.
The deal is expected to close in the first quarter and
add more than 15 cents to Cerner's adjusted per-share profit in 2015 and more
than 25 cents in 2016.
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