Mar 19 2018
Another Melbourne, Australia-based construction software business has been acquired by an American corporation. Less than a week after the final formalities of Oracle’s purchase of Aconex, QA Software , developer of Teambinder, has been snapped up (for an unspecified amount) by Scottsdale, Arizona-based US construction project management provider InEight (read new release). InEight (a subsidiary of …
Permanent link to this article: http://extranetevolution.com/2018/03/qa-teambinder-acquired-by-ineight/
Jan 03 2018
North Shields, UK-based mobile Software-as-a-Service asset management application vendor Kykloud has been acquired by Austin, Texas-based software business Accruent for an undisclosed sum. Launched in January 2012, proptech startup Kykloud was founded by Edwin Bartlett and former 4Projects (now part of Viewpoint nearby in Newcastle-upon-Tyne) CTO Nick Graham, and in six years has grown to …
Permanent link to this article: http://extranetevolution.com/2018/01/accruent-buys-kykloud/
Dec 17 2017
US-based IT giant Oracle has announced it has offered to buy Melbourne, Australia-based Software-as-a-Service construction collaboration technology vendor Aconex, for Au$7.80 (Au$5.96) per share in cash, a deal valuing Aconex at approximately US$1.2 billion (c. Au$1.6bn, £0.9bn or €1.0bn). Project cost control The pre-internet giant has spent billions to compete in the cloud computing era – and this deal …
Permanent link to this article: http://extranetevolution.com/2017/12/oracle-set-to-buy-aconex/
Jun 07 2017
Mobile construction collaboration developer Fieldlens has been acquired by WeWork, the New York-based provider of shared office and co-working space. New York, US-based mobile construction management application developer Fieldlens has been acquired (for an undisclosed amount) by one of its customers: WeWork, also New York-based and a provider of shared office and co-working space. Founded by Doug …
Permanent link to this article: http://extranetevolution.com/2017/06/fieldlens-acquired-by-wework/
Mar 21 2016
While Conject reassures its customers, competitors (past and present) react to Aconex’s acquisition of the Europe-based SaaS collaboration vendor. After the 17 March 2016 announcement of Conject‘s acquisition by Aconex, the UK business’s managing director Steve Cooper sought to reassure the company’s SaaS construction collaboration customers and users about the business’s future. In an email (18 March), he …
Permanent link to this article: http://extranetevolution.com/2016/03/aconex-acquires-conject-industry-reacts/
Mar 17 2016
In the biggest deal yet seen in the construction SaaS market, the Melbourne, Australia-based collaboration technology provider Aconex has acquired Munich, Germany-based rival Conject for A$96m (c. €65m or £51m or US$73.3m). Aconex announced the agreement to acquire Conject Holding GmbH earlier today, along with its intention to launch a fully underwritten placement to raise approximately A$120m …
Permanent link to this article: http://extranetevolution.com/2016/03/aconex-acquires-conject/
Aug 13 2015
Melbourne, Australia-based SaaS construction collaboration technology vendor Aconex last week announced a strategic partnership with CIMIC Group. which will also see it absorb a rival Australian AEC SaaS technology provider. CIMIC (not to be confused with US construction software provider CMiC, or a Shanghai porcelain and stone business) was formerly the Australian contracting giant Leighton …
Permanent link to this article: http://extranetevolution.com/2015/08/aconex-cimic-deal-absorbs-saas-rival/
Dec 02 2014
Viewpoint subsidiary 4Projects expands its mobile functionality by acquiring ‘best-in-class’ Mobile Computing Solutions Priority1. 4Projects, the Newcastle, UK-based SaaS construction collaboration subsidiary of Viewpoint Construction Software, has acquired, for an undisclosed amount, Swansea-based construction mobile technology specialist Mobile Computing Systems, developer of the Priority1 site solution. The acquisition was announced to staff and customers yesterday …
Permanent link to this article: http://extranetevolution.com/2014/12/4projects-acquires-mcs-priorty1/
Oct 14 2014
I met up with Newforma CEO Ian Howell in London on Friday (10 October) and asked about the recent SmartUse acquisition (see post). From his perspective, the deal was the next stage in Newforma’s “mobile-first strategy,” building on previous deals (2012) to add mobile and cloud-based capabilities to the Newforma portfolio, while satisfying the company’s VC …
Permanent link to this article: http://extranetevolution.com/2014/10/more-on-newformas-smartuse-acquisition/
Oct 06 2014
Newforma expands its mobile construction plan review capabilities by acquiring SmartUse’s touch-friendly mobile platform. US-based construction project information management software vendor, Newforma, today announced it has acquired SmartUse, a Montreal developer of a touch-friendly mobile platform for construction project collaboration (the value of the deal remains confidential). In the news release, Newforma CEO Ian Howell says: …
Permanent link to this article: http://extranetevolution.com/2014/10/newforma-acquires-smartuse/
