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SoftwareOne Finalizes Crayon Acquisition, Deal To Close in Weeks
In a deal between two channel powerhouses, SoftwareOne said Tuesday it expects to complete its acquisition of Norwegian IT consultancy Crayon on July 2, pending shareholder and regulatory approvals.
Per the SoftwareOne announcement, "Each shareholder having accepted the offer will receive NOK 69 in cash [about $6.82 USD] and 0.8233 (rounded down) newly issued shares in SoftwareOne per Crayon share."
The combined entity is expected to have approximately 13,000 employees and a presence in over 70 countries. The merged firm will be led by co-CEOs Raphael Erb, a SoftwareOne veteran of 26 years, and Melissa Mullholland, current Crayon CEO and previously a cloud executive at Microsoft.
The merger follows a string of strategic partnerships and acquisitions in the IT services space, as cloud management becomes more complex and competitive. According to Gartner, global spending on public cloud services is projected to exceed $720 billion by the end of this year, making integrated advisory services increasingly vital.
SoftwareOne said it plans to continue operating both brands during a transition period while streamlining overlapping business functions.
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Posted by Redmond Channel Partner magazine staff on June 11, 2025