SoftwareOne gets round of bids in strategic review

13 October 2023, 12:00 am

1 min read

The logo of Swiss stock exchange operator SIX Group is seen at its headquarters in Zurich, Switzerland November 20, 2017. REUTERS/Arnd Wiegmann

Reuters was first to report that A bidding war appears to be heating up for multi-billion Swiss franc software firm SoftwareOne Holding AG (SWON.S). SoftwareOne, which helps companies manage software purchases from vendors such as Microsoft, Adobe and IBM, received non-binding bids this week from private equity firms Bain Capital and Apax Partners.