Category: Business/Financial

Apr 01 2008

Sword Group acquisition

The Sword Group (December 2007 buyer of troubled Anglo/US construction collaboration vendor CTSpace – see post) has been on the UK company acquisition trail again, buying Glasgow-based on-premises contact centre software developer Graham Technology. Update (2 April 2008): The value of the deal wasn’t originally announced, but Scottish newspaper reports (eg: The Herald) suggest a …

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Permanent link to this article: http://extranetevolution.com/2008/04/sword-group-acq/

Apr 01 2008

Coreworx

Just read a news release saying that Software Innovation, Ontario, Canada-based vendor of the Coreworx project collaboration application, is being acquired by Acorn Energy. Coreworx (“integrated document control, workflow and collaboration for capital projects”) is mainly used in the north American oil and gas, mining and power generation industries by owner/operators and engineering, procurement and …

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Permanent link to this article: http://extranetevolution.com/2008/04/coreworx/

Mar 19 2008

Large enterprise SaaS adoption on the rise

  Large enterprise adoption of Software-as-a-Service (SaaS) has increased by a third over the last year, according to a survey by analyst firm Forrester Research. In a report published last week (Competing in the Fast-Growing SaaS Market – just US$279), it said SaaS adoption in large enterprises now stands at 16 percent, up a third …

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Permanent link to this article: http://extranetevolution.com/2008/03/large-enterpris/

Mar 14 2008

Sword Group 2007 results

Sword Group, the France-based IT group that late last year acquired UK construction collaboration SaaS technology vendor CTSpace for just £6.5m, announced its annual results for the year ending 31 December 2007 yesterday. The group turned over €179m [£138m], up 26% from €142m [£109m] in 2006, generating a net profit of almost €19m [£15m], up from £16m. …

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Permanent link to this article: http://extranetevolution.com/2008/03/sword-group-200/

Mar 11 2008

E-Box and Rock

The construction collaboration business formerly known as Citadon has featured on this blog a few times recently (mainly in my excursions into the early history of CTSpace – here). I recently talked to someone who used to re-sell Citadon’s ProjectNet solution while at west London-based Rock Consulting subsidiary E-Box and he told me that there had …

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Permanent link to this article: http://extranetevolution.com/2008/03/e-box-and-rock/

Mar 09 2008

Investing in a dot.com/SaaS business: a history

In the late 1990s and into the first year or so of the 21st century, the dot.com boom say billions invested in new online ventures across great swathes of industry and commerce. The global architectural, engineering and construction (AEC) industry was no different. Millions were pumped into new start-ups by venture capitalists, business angels and …

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Permanent link to this article: http://extranetevolution.com/2008/03/investing-in-a/

Mar 07 2008

CTSpace sold for just £6.5m

Further to Tuesday’s post about the former BuildOnline construction collaboration technology business, I have been piecing together more of the corporate changes leading up to Sword Group‘s acquisition of CTSpace. In the process, I have found a reference to the amount paid by Sword to acquire CTSpace in December 2007 – which, in view of the …

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Permanent link to this article: http://extranetevolution.com/2008/03/ctspace-sold-fo/

Mar 04 2008

BuildOnline revisited

In the absence of any updates regarding Sword Group and its recently-acquired construction collaboration technology business still branded as CTSpace (formerly known as BuildOnline and Citadon, formerly known as Cephren (formerly known as BlueLineOnline and E-bricks) and Bidcom, which also incorporated Cubus – and that’s just the short version!) or even a new website (see post), …

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Permanent link to this article: http://extranetevolution.com/2008/03/buildonline-rev/

Feb 28 2008

StoreData stagnating in 2007

  Interim results last September from the retail fit-out specialist contractor Styles & Wood showed that its StoreData division – which competes in the UK construction collaboration technology market – did not have a good first six months in 2007 (see post), but the second six months were a little better. Overall, however, StoreData fell short of …

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Permanent link to this article: http://extranetevolution.com/2008/02/storedata-stagn/

Feb 26 2008

Business Collaborator now part of Agresso

The final stages of Unit 4 Agresso’s takeover of Coda plc, parent company of UK-based collaboration technology vendor Business Collaborator, are now being played out. A London Stock Exchange announcement today says that Unit 4 Agresso had declared its offer unconditional. As a result, an application had been made for Coda shares to be delisted …

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Permanent link to this article: http://extranetevolution.com/2008/02/business-collab-2/

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