Category: Business/Financial

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/

Cadweb tries to catch-up

The latest news release from UK construction collaboration technology vendor Cadweb – who describe themselves as “the longest and oldest, established project extranet provider in the UK” [just how long is Cadweb?] – shows that Cadweb has finally woken up to functional advances made by most of its UK competitors several years ago. Cadweb says it plans to add several …

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Permanent link to this article: http://extranetevolution.com/2008/05/cadweb-tries-1/

Causeway: ECL to be rebranded

The Elstree Computing Ltd business, acquired by Causeway last July (see post), is to be rebranded and integrated into the Causeway Group – according to Causeway’s latest news release. ECL will become Causeway’s Design and Cost Management Solutions division. It’s not clear if ECL’s Information Manager will be realigned with Causeway’s ECM solutions, which include the group’s construction collaboration …

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Permanent link to this article: http://extranetevolution.com/2008/05/causeway-ecl-to/

Business Collaborator grows 20% in 2007

After the February 2008 takeover of Coda plc by by Unit 4 Agresso NV (post), it was announced that Coda would no longer be announcing its 2007 annual results last month, and I expected a delay until we could see how UK construction collaboration technology subsidiary Business Collaborator had fared in 2007. However, presumably still working to …

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Permanent link to this article: http://extranetevolution.com/2008/04/business-collab/

ViaNovus: a little background

Further to yesterday’s post on ViaNovus, here’s a little more background on the latest US company just acquired by Sword. Founded in about 1998 as the Paragon Company in California, the business was co-founded by Darrell Garrett and Arthur Bart-Williams, with backing from angel investor Michael Fields, of New Vista Capital (Bart-Williams later left the …

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Permanent link to this article: http://extranetevolution.com/2008/04/vianovus-a-litt/

Sword Group acquires ViaNovus

The Sword Group – parent of CTSpace, the construction collaboration technology provider that used to be known as BuildOnline and Citadon (see various posts) – has announced (see release) its acquisition (no transaction value given) of US-based ViaNovus and its Paragon suite of construction management products. Another version of the release adds ViaNovus will be operated as a unit of …

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Permanent link to this article: http://extranetevolution.com/2008/04/sword-group-a-1/

Styles & Wood management seek MBO

The management of fit-out contractor Styles & Wood, which includes construction collaboration technology business StoreData, is looking to take the company private via a private equity backed management buy-out (see 16 April Stock Exchange announcement). The 125p-a-share bid for Styles & Wood is on the low side, says an analyst with stockbroker Panmure Gordon in this …

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Permanent link to this article: http://extranetevolution.com/2008/04/styles-wood-man/

BuildOnline France: making heavy losses

I am indebted to occasional correspondent Emmanual Netter (see Une étude intéressante… (deux)) for providing me with some figures on the financial performance of the French arm of construction collaboration technology provider BuildOnline (part of CTSpace since December 2006) for the years 2003 to 2007 inclusive – based on information from the French equivalent of …

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Permanent link to this article: http://extranetevolution.com/2008/04/buildonline-fra/

Incite – update

Two months ago (INCITE = ThinkProject!), I wrote about Australia-based construction collaboration provider Nexus Point and the Incite product. I have just received a helpful email from Sean Kaye, Nexus Point’s managing director, updating me on a few details. First of all, Nexus Point Solutions never had an agreement of any sort with Baulogis; the minority …

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Permanent link to this article: http://extranetevolution.com/2008/04/incite-update/

UK bid-rigging scandal

Before I went on holiday, there was speculation about how many companies would be identified by the UK’s Office of Fair Trading as being involved in construction bid-rigging (see Contract Journal for some background). On Thursday, it was revealed that 112 companies had been accused of rigging thousands of public sector contracts worth billions of pounds, including …

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Permanent link to this article: http://extranetevolution.com/2008/04/uk-bid-rigging/

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