SoftwareOne’s Acquisition Offer for Crayon Nears Conclusion

SoftwareOne Holding Ltd. ( (CH:SWON) ) has issued an announcement.

SoftwareOne Holding AG is nearing the conclusion of its voluntary purchase and exchange offer to acquire all outstanding shares of Crayon, with the offer period ending on May 6, 2025. The acquisition, priced at NOK 69 in cash and 0.8233 new SoftwareOne shares per Crayon share, is a strategic move to enhance SoftwareOne’s market position in IT optimization and cloud solutions. The offer, which will not be extended further, is subject to certain conditions and regulatory approvals, indicating a significant step in SoftwareOne’s expansion strategy.

More about SoftwareOne Holding Ltd.

SoftwareOne is a leading global provider of software and cloud solutions, helping companies optimize their software and cloud environments. With a workforce of approximately 9,000 employees, the company offers a portfolio of 7,500 software brands across more than 60 countries. Headquartered in Switzerland, SoftwareOne is listed on the SIX Swiss Exchange. Crayon, based in Oslo, Norway, operates in 45 countries and specializes in IT optimization and innovation, focusing on strategic software procurement and maximizing returns on investments in cloud, data, and AI.

YTD Price Performance: 2.79%

Average Trading Volume: 468,691

Current Market Cap: CHF969.1M

For an in-depth examination of SWON stock, go to TipRanks’ Stock Analysis page.