Oracle Cerner, also known as Oracle Health and Cerner Corporation, is a privately owned company headquartered in the US and a subsidiary of Oracle. Founded in 1979, with approximately 22,660 employees, it specializes in IT Services and IT Consulting. The company functions as a multinational provider of health information technology (HIT) platforms and services, which were utilized by over 27,000 customers globally as of February 2018. This organizational structure follows Oracle Corporation's acquisition of Cerner for approximately US$28.3 billion, an agreement announced in December 2021 and finalized in June 2022, integrating Cerner into the broader Oracle brand.