EQS Group-News: SoftwareONE Holding AG / Key word(s): Acquisition
SoftwareONE acquires B-lay to strengthen its market-leading position in
Software Lifecycle Management and expand its SAP and Oracle capabilities
2020-07-13 / 07:00
Media Release
*SoftwareONE acquires B-lay to strengthen its market-leading position in
Software Lifecycle Management and expand its SAP and Oracle capabilities*
Stans, Switzerland, 13 July 2020 - SoftwareONE Holding AG, a leading global
provider of end-to-end software and cloud technology solutions, today
announced that it has acquired B-lay, a leading provider of Software Asset
Management (SAM) advisory and managed services for SAP and Oracle solutions.
The transaction will further strengthen SoftwareONE's market-leading
Software Lifecycle Management (SLM) and SAM practice in Europe, adding
significant know-how and delivery capabilities. B-lay's Zyncc platform will
be incorporated in SoftwareONE's existing end-to-end software
rationalization and cloud optimization capabilities on PyraCloud to enhance
customers' workload transformation from on-premise to cloud.
Founded in 2008 and headquartered in Utrecht, the Netherlands, B-lay [1] has
subsidiaries in the US and Romania where its Center of Excellence is based.
The company provides both managed and professional services to help
customers optimize their software and cloud spend, with a specific focus on
compliance, audits, asset management and insights. B-lay's proprietary
platform, Zyncc [2], supports organizations in managing and optimizing their
cloud subscriptions and on-premise software. The three managing partners,
Mark van Wolferen, Heidy Goyens and Richard Spithoven, will be joining
SoftwareONE to lead its Oracle and SAP SLM practice in Europe.
With increasing cloud adoption, organizations require a holistic approach to
the administration, optimization and control of their digital investments,
covering the entire lifecycle from procurement, adoption, modernization
through to retirement of assets. SoftwareONE has over 700 professionals
dedicated to SLM, making it one of the largest SLM consultancies worldwide.
With the addition of B-lay's highly complementary business, SoftwareONE is
well-positioned to deliver services for Oracle and SAP commercial and
technology solutions on a larger scale in Europe and globally.
"We have been impressed by B-lay's competitive services offering and
entrepreneurial spirit, and expect the team to integrate seamlessly into
SoftwareONE's SLM practice. Furthermore, we are pleased to continue
successfully executing on our acquisition strategy and investing in our
proprietary PyraCloud platform to provide customers with the best end-to-end
software digital supply chain and transformation capabilities," said Dieter
Schlosser, SoftwareONE CEO.
"Together with SoftwareONE, we will leverage our deep knowledge and
expertise to continue helping customers better manage their software and
cloud assets," said Mark van Wolferen, B-lay co-founder and managing
partner.
No financial details or transaction terms have been disclosed.
*CONTACT*
Panthea Derks, Media Relations
Tel. +41 44 832 82 03, panthea.derks@softwareone.com
Anna Engvall, Investor Relations
Tel. +41 44 832 41 37, anna.engvall@softwareone.com
*ABOUT SOFTWAREONE*
SoftwareONE is a leading global provider of end-to-end software and cloud
technology solutions, headquartered in Switzerland. With capabilities across
the entire value chain, it helps companies design and implement their
technology strategy, buy the right software and cloud solutions at the right
price, and manage and optimize their software estate. Its offerings are
connected by PyraCloud, SoftwareONE's proprietary digital platform, that
provides customers with data-driven, actionable intelligence. With around
5,400 employees and sales and service delivery capabilities in 90 countries,
SoftwareONE provides around 65,000 business customers with software and
cloud solutions from over 7,500 publishers. SoftwareONE's shares (SWON) are
listed on SIX Swiss Exchange. For more information, please visit
SoftwareONE.com [3].
SoftwareONE Holding AG, Riedenmatt 4, CH-6370 Stans
*CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION*
This media release may contain certain forward-looking statements relating
to the group's future business, development and economic performance. Such
statements may be subject to a number of risks, uncertainties and other
important factors, such as but not limited to force majeure, competitive
pressures, legislative and regulatory developments, global, macroeconomic
and political trends, the group's ability to attract and retain the
employees that are necessary to generate revenues and to manage its
businesses, fluctuations in currency exchange rates and general financial
market conditions, changes in accounting standards or policies, delay or
inability in obtaining approvals from authorities, technical developments,
litigation or adverse publicity and news coverage, each of which could cause
actual development and results to differ materially from the statements made
in this media release. SoftwareONE assumes no obligation to update or alter
forward-looking statements whether as a result of new information, future
events or otherwise.
End of Corporate News
Language: English
Company: SoftwareONE Holding AG
Riedenmatt 4
6370 Stans
Switzerland
Phone: +41 44 832 41 69
E-mail: info.ch@softwareone.com
Internet: www.softwareone.com
ISIN: CH0496451508
Valor: A2PTSZ
Listed: SIX Swiss Exchange
EQS News ID: 1091749
End of News EQS Group News Service
1091749 2020-07-13
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(END) Dow Jones Newswires
July 13, 2020 01:00 ET (05:00 GMT)
