Jun 20 2018
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 …
Permanent link to this article: http://extranetevolution.com/2018/06/aconexs-conject-business-reported-1-3m-profit/
May 11 2018
“Viewpoint has found its final home as part of one of the largest providers of construction software in the world. There is no better home for us, our products and our customer base,” says Viewpoint’s Matt Harris. Viewpoint Construction Software‘s chief product officer Matt Harris talked to me on Tuesday (8 May 2018) about what …
Permanent link to this article: http://extranetevolution.com/2018/05/viewpoint-views-on-trimbles-acquisition/
Apr 26 2018
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 …
Permanent link to this article: http://extranetevolution.com/2018/04/what-next-for-trimbles-saas-platforms/
Apr 24 2018
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 …
Permanent link to this article: http://extranetevolution.com/2018/04/trimble-acquires-viewpoint-for-1-2bn/
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/
