The latest update is out from SoftwareOne Holding Ltd. ( (CH:SWON) ).
SoftwareOne Holding AG has launched a recommended voluntary purchase and exchange offer to acquire all outstanding shares of Crayon, with the offer period starting earlier than initially planned. This strategic move is expected to generate significant synergies, including cost savings and increased revenue, enhancing growth and profitability for both companies. The merger is seen as a compelling strategic opportunity due to the complementary geographical focus and offerings of the two companies, promising additional value for customers, employees, and shareholders.
More about SoftwareOne Holding Ltd.
SoftwareOne is a leading global provider of software and cloud solutions, helping businesses optimize their software and cloud environments. With a workforce of approximately 9,000 employees, the company operates in over 60 countries and offers a portfolio of 7,500 software brands. Headquartered in Switzerland, SoftwareOne is listed on the SIX Swiss Exchange. Crayon, headquartered in Oslo, Norway, operates in 45 countries with a team of over 4,000 professionals. It is a trusted advisor in strategic software procurement, IT optimization, and maximizing returns on investments in cloud, data, and AI.
YTD Price Performance: -7.54%
Average Trading Volume: 446,359
Current Market Cap: CHF890.3M
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