SIX Swiss stock exchange has announced that it has welcomed the global provider of software and cloud solutions SoftwareONE’s Initial Public Offering (IPO) as its fifth company this year.
The shares of the company (ticker “SWON”) were traded for the first time on the exchange today. At an opening price of CHF 18.00 per registered share, the market capitalization was CHF 2.85 billion.
Daniel von Stockar, Chairman of SoftwareONE commented on the news:
On our exciting journey, SoftwareONE has constantly advanced and renewed itself and pushed ahead with innovations, while our strong corporate culture has provided a solid foundation. The listing of our shares at SIX is a natural next step in our development, which opens up new opportunities for our company.
Jos Dijsselhof, CEO SIX, emphasized:
With SoftwareONE another international company has chosen SIX for its IPO. The IPO shows that we are an attractive stock exchange for the IT industry. I am very pleased about this, as the sector is fundamental to innovation and economic development and further confirms Switzerland’s importance as an IT location.
SoftwareONE is a Switzerland-based global provider of end-to-end software and cloud technology solutions. SoftwareONE’s offerings are connected by PyraCloud, SoftwareONE’s proprietary digital platform, that provides customers with data-driven, actionable intelligence and helps them manage and optimize their software and cloud spend.
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SoftwareONE chooses SIX Swiss stock exchange for IPO was first posted on October 25, 2019 at 12:50 pm.