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Crayon Acquires Cloud Specialist rhipe to Expand Services Portfolio
Friday 15 October 2021

Norwegian IT services company Crayon has acquired Australia-based cloud and licensing specialist, rhipe, an to further Crayon's global expansion strategy and services portfolio, the company said.

Terms of the transaction were not disclosed.

The acquisition comes via a Scheme of Arrangement, which became legally effective after a due diligence and negotiation period. Upon implementation of the Scheme, Crayon will acquire all rhipe shares.

The purchase includes all of rhipe's 600 employees and its activities across Asia Pacific, as well as the recently acquired Azure services business Parallo and emt Distribution, the cybersecurity software company.
Date Published: 15/10/2021