Cerner Corp. to buy Siemens Health Services unit for US$1.3 billion cash
August 7, 2014, 12:00 am TWN
NEW YORK -- Cerner Corp. is buying the health information technology business unit of German industrial conglomerate Siemens AG for US$1.3 billion in cash.
The two companies announced the deal on Tuesday. Cerner's stock rose about 3 percent in after-market trading.