SoftwareOne has finalised its acquisition of Norwegian cloud solutions provider Crayon, creating a combined entity with approximately CHF 1.6 billion (A$3.1 billion) in total revenue and 13,000 employees spanning more than 70 countries.
The settlement completed following fulfilment of closing conditions announced on 10 June 2025, with Crayon shareholders accepting SoftwareOne's offer.
SoftwareOne agreed to buy Crayon in December last year, putting A$2.1 billion on the table.
The transaction by SoftwareOne creates one of Microsoft's largest partners globally, with enhanced geographical reach and technical capabilities to serve enterprise customers.
"Today marks an important milestone as SoftwareOne and Crayon join forces," Raphael Erb, co-chief executive officer of SoftwareOne, said.
The deal builds on what the two firms see as complementary geographical footprints, customer bases and service offerings between them.
SoftwareOne has identified annual cost synergies of CHF 80-100 million within 18 months of completion, incremental to its cost reduction programme finished in Q1 2025.
"We are both excited and well-prepared for Day 1," Melissa Mulholland, co-chief executive officer of SoftwareOne, said.
The merged entity will operate under the SoftwareOne name and logo, while leveraging global brand recognition whilst incorporating Crayon's distinctive strengths.
During a transition period, the Crayon brand will remain active to ensure consistency across customer, employee, channel, and partner engagements.
Working groups from both companies have prepared for integration since early 2025, spanning strategy, sales and marketing, people and culture, information technology, and finance functions.
The integration will implement a joint operating model, harmonise go-to-market strategies, integrate IT systems, and consolidate legal structures in overlapping countries.
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