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Cerner Buys Labotix

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North Kansas City, Mo.-based Cerner (NASDAQ: CERN  ) is making its second small acquisition in less than a month.

On Monday, the health-care software maker announced that it's followed up on February's purchase of PureWellness with a purchase of clinic lab software maker Labotix Automation.

Cerner didn't disclose financial details on the transaction, saying only that it "is not expected to have a material impact on Cerner's 2013 financial results." Regardless, shareholders dinged Cerner stock by 1.8%, which fell to $91.12 in Monday trading.

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5/31/2016 11:00 AM
CERN $55.83 Up +0.55 +0.99%
Cerner CAPS Rating: ****