Crayon, a holding company that offers software asset management, cloud and volume licensing, training and associated consulting services, completed the acquisition of Rhipe, a cloud channel company, for A$408m ($306m). “We are incredibly excited to welcome Rhipe to the Crayon family as part of our global expansion strategy. Rhipe is a leading distributor of cloud solutions and services in the Asia Pacific region and through our combined business models, we will help more customers and partners solve their business needs with a greater portfolio of solutions," Melissa Mulholland, Crayon CEO.