The acquisition amount is 36 percent higher than Crayon's stock market value on Dec. 11, indicating a strategic investment from SoftwareOne to enhance its market position.
Daniel von Stockar noted, 'The business combination sets the stage for any ownership scenario; we will now focus our efforts on completing the transaction successfully and integration,' highlighting the commitment to a seamless merger.
SoftwareOne emphasized a 'compelling strategic rationale' for the acquisition, as both firms enjoy complementary skills and a strong relationship with hyperscalers, beneficial particularly for larger clients.
By merging SoftwareOne’s digital sales platforms with Crayon’s channel, they aim to significantly enhance service for the SMB market, showcasing a forward-thinking approach in their combined strategy.
Collection
[
|
...
]