Swiss cloud services juggernaut SoftwareOne announced Tuesday that it has successfully met all regulatory and listing requirements to finalize its $1.4 billion voluntary takeover of Crayon Group, marking the last lap in a race that’s captured the attention of European and global tech markets.
With a transaction closure slated for on or about July 2, this marks a pivotal moment in SoftwareOne’s evolution—and potentially a turning point in cloud consulting power dynamics.
Cross-Border Green Lights Signal “Go”
The acquisition of Crayon Group Holding ASA, a Norway-based cloud consultancy powerhouse, has already been cleared by antitrust watchdogs in Germany and Turkey, as well as competition regulators in the United Kingdom.
This multi-jurisdictional approval blitz represents not only a legal green light but a strategic endorsement of the merger in a rapidly consolidating tech ecosystem.
“We are now poised to execute our vision with Crayon,” SoftwareOne said in a statement, signaling the company’s eagerness to push forward.
