The Silicon Review ^Asia

Partnerships and acquisitions are the means of growth for any business, and it is one of the smart decisions a business owner would make. After all, the future of a company rides on this one decision. In simple words, this strategy is a guide on how a business is executed over its entire lifespan.

Crayon has made such a strategic move acquiring Sydney-based Navicle to strengthen Oracle on-premises and cloud license optimization capabilities.

This strategic deal will see Navicle leverage Crayon’s expertise in cloud economics and cost optimization while continuing to support local customers, in addition to extending services to the Oslo-based provider’s global user base.

“We are continuing our investment in Australia because this region is a strategic market for Crayon given its size and maturity,” said Torgrim Takle, CEO of Crayon. “The acquisition of Navicle gives us an even stronger foothold in this market, enabling us to continue to provide our expertise to our customers and support them to get the most out of their IT solutions while saving costs.”

In addition, Crayon has observed opportunities for Navicle to support its other subsidiaries, helping them expand to a wider customer base that was previously out of reach.