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SoftwareOne Holding Ltd. ( (CH:SWON) ) has provided an update.
SoftwareOne Holding AG announced that it has secured 91.6% of Crayon’s share capital following the expiration of its voluntary purchase and exchange offer. The transaction, which involves a cash and share exchange, is subject to regulatory approvals and is expected to be completed by June 2025. This acquisition will enhance SoftwareOne’s market position by integrating Crayon’s expertise in IT optimization and innovation, potentially leading to cost synergies and expanded service offerings for stakeholders.
More about SoftwareOne Holding Ltd.
SoftwareOne is a leading global provider of software and cloud solutions, helping companies optimize their software and cloud environments. It offers a portfolio of 7,500 software brands across over 60 countries, with headquarters in Switzerland. Crayon, headquartered in Oslo, Norway, operates in 45 countries and specializes in IT optimization and innovation, focusing on strategic software procurement and maximizing returns on cloud, data, and AI investments.
Average Trading Volume: 472,224
Current Market Cap: CHF969.1M
See more data about SWON stock on TipRanks’ Stock Analysis page.