SoftwareOne Holding Ltd. ( (CH:SWON) ) has issued an update.
SoftwareOne Holding AG has announced the conclusion of the extended offer period for its voluntary purchase and exchange offer to acquire all outstanding shares of Crayon. The offer, which ends on April 29, 2025, involves a cash payment and the exchange of new SoftwareOne shares for Crayon shares. This acquisition is expected to enhance SoftwareOne’s market position in the IT optimization and innovation sector, potentially benefiting stakeholders by expanding its reach and capabilities in cloud and software solutions.
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 approximately 9,000 employees, it offers a portfolio of 7,500 software brands in over 60 countries. Headquartered in Switzerland, SoftwareOne is listed on the SIX Swiss Exchange. Crayon, headquartered in Oslo, Norway, operates in 45 countries and specializes in IT optimization and innovation, focusing on software procurement, IT optimization, and maximizing returns on cloud, data, and AI investments.
YTD Price Performance: -8.44%
Average Trading Volume: 455,870
Current Market Cap: CHF863.2M
Learn more about SWON stock on TipRanks’ Stock Analysis page.