SoftwareOne Holding Ltd. ( (CH:SWON) ) just unveiled an announcement.
SoftwareOne has announced a successful result for its offer to acquire Crayon, with an acceptance rate exceeding 80%, and has extended the offer period to May 6, 2025. By waiving the 90% acceptance threshold, SoftwareOne aims to expedite the transaction’s completion, which is expected to bring significant benefits to stakeholders by combining the complementary capabilities of both companies. Regulatory approvals have been obtained in several countries, and the transaction is anticipated to conclude in June 2025, subject to remaining approvals.
More about SoftwareOne Holding Ltd.
SoftwareOne is a leading global provider of software and cloud solutions, helping companies optimize their software and cloud environments to fully leverage technology. Headquartered in Switzerland, it operates in over 60 countries with approximately 9,000 employees and offers a portfolio of 7,500 software brands. Crayon, headquartered in Oslo, Norway, operates in 45 countries with over 4,000 professionals, focusing on IT optimization, innovation, and maximizing returns on investments in cloud, data, and AI.
YTD Price Performance: -6.72%
Average Trading Volume: 457,276
Current Market Cap: CHF879.5M
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