Tag: Aconex

Aconex’s Conject business reported £1.3m profit

Aconex Services Limited – the UK-based business formerly known as Conject Limited, and before that BIW – had a profitable first year of operation as part of the international SaaS construction collaboration technology group Aconex (the Anglo-German Conject group was acquired by Aconex in March 2016). In a financial report filed at Companies House in …

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Permanent link to this article: http://extranetevolution.com/2018/06/aconexs-conject-business-reported-1-3m-profit/

NBS BIM Report covers CDEs

NBS 2018-CDEs used

NBS’s latest UK BIM survey suggests Viewpoint’s CDE is the widely used, but is the picture distorted by reliance on architects’ responses and under-representation of civil engineering? Almost since the beginning of the UK’s BIM implementation programme in 2011, NBS‘s annual BIM Survey has shed some light on attitudes to and adoption of building information …

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Permanent link to this article: http://extranetevolution.com/2018/05/nbs-bim-report-covers-cdes/

What next for Trimble’s SaaS platforms?

Viewpoint for Projects user growth

Will Trimble’s US$1.2bn acquisition of Viewpoint be managed as a ‘gradual convergence’ or a ‘rapid managed migration’? Two days after Trimble’s announcement of its US$1.2bn acquisition of Viewpoint, I attended a Viewpoint UK ‘roadshow’ event in London yesterday (25 April 2018). The presenters carefully avoided saying too much about the deal, but in talking to …

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Permanent link to this article: http://extranetevolution.com/2018/04/what-next-for-trimbles-saas-platforms/

The next big AEC SaaS acquisition?

After Trimble’s US$1.2bn bid to acquire Viewpoint, which SaaS construction collaboration business might be the next to be acquired? Last summer, a year after Aconex had bought Conject and before Oracle had announced its bid to acquire Aconex, I was invited to speak privately to several groups of technology investors about the global SaaS construction …

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Permanent link to this article: http://extranetevolution.com/2018/04/the-next-big-aec-saas-acquisition/

Trimble acquires Viewpoint for $1.2bn

Latest SaaS space consolidation gives Trimble a stronger European presence as it looks to compete with Oracle, Autodesk, Bentley (and others) in the construction collaboration sector. US-based Trimble announced yesterday (23 April 2018) that it is to acquire privately-held Portland, Oregon-based construction ERP and SaaS collaboration vendor Viewpoint from Bain Capital in an all-cash transaction valued …

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Permanent link to this article: http://extranetevolution.com/2018/04/trimble-acquires-viewpoint-for-1-2bn/

Aconex shareholders agree US$1.2bn Oracle deal

Melbourne, Australia-based SaaS construction collaboration technology vendor Aconex today (14 March 2018) announced that shareholders have voted in favour of the proposed acquisition of Aconex by Oracle Corporation (through its wholly owned subsidiary Vantive Australia Pty Ltd). The December 2017 bid, which was recommended by directors, was for Au$7.80 (Au$5.96) per share in cash, a deal valuing Aconex at …

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Permanent link to this article: http://extranetevolution.com/2018/03/aconex-shareholders-agree-us1-2m-oracle-deal/

Aconex delivers ‘solid’ first half growth

Melbourne, Australia-based SaaS construction collaboration technology provider Aconex has had what it describes as a ‘solid’ half-year performance. The company has announced its results for the six months to 31 December 2017, showing revenues growing 13% to A$86.9m – c. £49.1m or US$68.6m or €55.6m – compared to A$77m for the corresponding period in 2016. Aconex …

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Permanent link to this article: http://extranetevolution.com/2018/02/aconex-delivers-solid-first-half-growth/

Trimble acquires e-Builder for $500m

Just over a month after Oracle bid US$1.2 billion for Aconex, Trimble has invested US$500m to buy one of Aconex’s US-based SaaS competitors, e-Builder. On Friday 2 February, Trimble announced (news release) it had acquired privately-held Florida, US-based SaaS construction project management vendor e-Builder for US$500 million (c. £357m or €403m). Trimble says “e-Builder extends Trimble’s …

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Permanent link to this article: http://extranetevolution.com/2018/02/trimble-acquires-e-builder-for-500m/

Shortlisted for smartest blogger

BIM Awards Finalist 2018

BIMShowLive 2018 is coming up in a month’s time – in Newcastle-upon-Tyne, UK, on 28 February and 1 March 2018 – but first there is the little matter of the BIM Awards, being held on 27 February. To my surprise, I have been shortlisted in the ‘Smartest Blogger’ category, where: … an individual … posts …

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Permanent link to this article: http://extranetevolution.com/2018/01/shortlisted-for-smartest-blogger/

Oracle to buy Aconex – reaction

Aconex share price to 18Dec2017

Admiration, apprehension, concern, excitement – SaaS construction collaboration vendors react to Oracle’s pitch to buy Aconex. Market reaction to Oracle’s Aconex acquisition announcement yesterday saw a predictable leap in Aconex’s share price on the Australian Securities Exchange. From Friday’s close of A$5.29, Aconex shares rocketed 44% to close at A$7.63 (just below Oracle’s offer price), …

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Permanent link to this article: http://extranetevolution.com/2017/12/oracle-to-buy-aconex-reaction/

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