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flag SoftwareOne acquires Crayon Group for $1.4 billion, expanding tech reach and revenue.

flag SoftwareOne, a Swiss tech firm, has agreed to acquire Norway's Crayon Group in a $1.4 billion stock and cash deal. flag The combined company will have $1.8 billion in revenue, operate in over 70 countries, and employ around 13,000 people. flag About 70% of their revenue comes from Microsoft business. flag The acquisition aims to boost growth and profitability through cost savings and synergies. flag SoftwareOne will offer Crayon shareholders 172.50 Norwegian crowns per share, a 36% premium.

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