Category: Business/Financial

Jun 14 2008

Causeway acquires Connect

Not strictly about construction collaboration technology, but Causeway (or at least its Ireland based holding company, Causeway Software Solutions Ltd) – whose growing portfolio of solutions includes a collaboration application (Causeway ECM) based on Open Text Livelink ECM – has this week acquired another business. Less than a year after Causeway bought Elstree Computing (see …

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Permanent link to this article: http://extranetevolution.com/2008/06/causeway-acquires-connect/

Jun 11 2008

Valuing SaaS businesses

Over the past year, I’ve mused a couple of times about what it might cost to acquire a construction collaboration SaaS business (see Valuing a SaaS business, for example, and CTSpace sold for just £6.5m). SaaS businesses are under the spotlight this week at the SIIA OnDemand Europe conference in Amsterdam, where Phil Wainewright took …

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Permanent link to this article: http://extranetevolution.com/2008/06/valuing-saas-businesses/

Permanent link to this article: http://extranetevolution.com/2008/05/busy-week-at-bentley/

May 28 2008

Twice as green?

About a month ago, I received a copy of the first issue of Green I.T. magazine, a new publication from the publishers of Construction Computing (the latest to target sustainability issues in the business world – see my Think 08 post). The magazine is being "distributed every quarter to 70,000 IT professionals", but I've now …

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Permanent link to this article: http://extranetevolution.com/2008/05/twice-as-green/

May 23 2008

Hawthorn Glen v Aconex – settled out of court

After months of acrimony and several days of expensive court hearings, the case brought by Hawthorn Glen, a major shareholder in Australia-based construction collaboration vendor Aconex, against the company and its joint managing directors Leigh Jasper and Rob Phillpot has been settled out of court. The Federal Court of Australia earlier today made a brief order: …

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Permanent link to this article: http://extranetevolution.com/2008/05/hawthorn-glen-v-aconex-settled-out-of-court/

May 23 2008

Styles & Wood: MBO dropped

Styles & Wood, UK retail fit-out specialist and parent of online construction collaboration provider Storedata, has issued a trading update, saying that “the Group’s Order Book has fallen behind its expectations”, indicating its targets for the half year ending 30 June 2008 will not be reached, with full year performance likely to be line with that achieved in …

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Permanent link to this article: http://extranetevolution.com/2008/05/styles-wooduk-retail-fit-out-specialist-and-parent-of-online-construction-collaboration-provider-storedata-has-issued-a-trading-update-saying-that-the-groups-order-book-has-fallen-behind-its-expectati/

May 22 2008

Projectcentre – an update

Following my post on ProjectCentre.net, I am very grateful to Jodie Miners at ProjectCentre for providing more background on the business and its core solution, including a painful reminder of the old paper-based days - read her comments here. Tweet

Permanent link to this article: http://extranetevolution.com/2008/05/projectcentre-an-update/

May 19 2008

Asite non-exec steps down

Mathew Riley, a non-executive director of UK construction collaboration technology vendor Asite “will be stepping down from the Board of Asite with immediate effect”. According to the London Stock Exchange announcement, the Asite board do not currently plan to appoint another non-executive director to take his place. According to the Asite website, Riley is (or at least was) “Commercial Director for …

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Permanent link to this article: http://extranetevolution.com/2008/05/asite-non-exec/

May 16 2008

The Hard Way

Joint Aconex MD Leigh Jasper has been interviewed by Jodie O’Keefe for the April/May issue of Australian Anthill magazine (a magazine focused on fast-growth companies). The feature, The Hard Way, says Aconex “now employs over 300 people servicing 4,950 projects in 65 countries” (including Romania). Considering Aconex has still yet to conclude a lengthy legal dispute …

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Permanent link to this article: http://extranetevolution.com/2008/05/the-hard-way/

May 12 2008

Projectcentre.net

Earlier this year, I started looking in a little more detail at the Australian construction collaboration technology market. Aconex, being active in the UK, obviously feature regularly in my thoughts (I believe their shareholder dispute may finally yield a judgement in the next month or so); I have written about Incite (here and here); and I linked to …

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Permanent link to this article: http://extranetevolution.com/2008/05/projectcentrene/

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