Category: Business/Financial

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/

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.

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

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/

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/

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/

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