SoftwareOne to buy Norway's Crayon in $1.4 billion Microsoft-focused takeover

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ZURICH :Swiss technology firm SoftwareOne said on Thursday it had agreed to buy Crayon Group in a stock and cash deal which values its Norwegian competitor at $1.4 billion.

SoftwareOne to buy Norway's Crayon in $1.

That is incremental to SoftwareOne's previously announced cost savings of more than 50 million francs, as well as significant revenue synergies.

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Article Details

Category: EconomyBusiness

Markets: SingaporeNorway

Topics: Cent Firm Softwareone Crayon Francs Swiss Share Revenue Board Deal

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 14:30:27 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 430 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 24548212

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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News Last Updated: 5 hours ago

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