RTTNews | Dec 16, 2020 09:18AM EST

09:17 Wednesday, December 16, 2020 (RTTNews.com) - Cerner Corp. (CERN) said Wednesday that it agreed to acquire Kantar Health, a division of Kantar Group, for $375 million in cash. The merger will create leading data insights and clinical research platform.

Kantar Health is a data, analytics and real-world evidence and commercial research consultancy serving the life science industry.

Cerner expects to close the deal in the first half of 2021, subject to regulatory approval, employee consultations and other conditions. It is not expected to have a material impact on Cerner's earnings in 2021.

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