Tag: AEC

Apr 25 2018

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/

Apr 24 2018

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/

Mar 21 2018

Asite’s aMessage in Adoddle

London-based SaaS construction collaboration technology provider Asite has once again used St Patrick’s Day partying as an excuse to launch a new version of its Adoddle platform. Adoddle 17 was released on 17 March 2014 at a user group conference and ‘Hooley’ held at London’s Shoreditch Town Hall; four years later in 2018, the company …

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Permanent link to this article: http://extranetevolution.com/2018/03/asites-amessage-in-adoddle/

Mar 19 2018

QA Teambinder acquired by InEight

Jake Macholtz

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 …

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Permanent link to this article: http://extranetevolution.com/2018/03/qa-teambinder-acquired-by-ineight/

Mar 15 2018

GenieBelt signs housebuilder deal

HusCompagniet and GenieBelt

A leading home provider in northern Europe is using Copenhagen-based Geniebelt‘s real-time workforce management and reporting SaaS application to deliver a 10-15% efficiency gain in its supply chain. Following a 2017 pilot of GenieBelt, HusCompagniet has elected to connect its construction suppliers digitally, and says it will use GenieBelt on 2,000 house building projects. The partnership covers all of …

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Permanent link to this article: http://extranetevolution.com/2018/03/geniebelt-signs-housebuilder-deal/

Feb 22 2018

Talking BIM and digital transformation

Last week, I was interviewed by Jim McHale of Stockholm, Sweden-based smart building research consultancy Memoori about collaboration, vendor M&A activity, building information modelling, digital transformation, smart buildings and related areas. Jim has posted the video online – it’s just over 20 minutes long: Tweet

Permanent link to this article: http://extranetevolution.com/2018/02/talking-bim-and-digital-transformation/

Feb 20 2018

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/

Feb 12 2018

Invicara CEO: “We need a new generation of CDE vendors”

Anand Mecheri (Invicara)

Invicara CEO Anand Mecheri is looking to shake-up the SaaS CDE market by stressing it’s all about data, not files. Last month (January 2018), construction products giant Kingspan announced a US$10 million investment in Invicara, the developer of BIM Assure, a cloud-based building information model checking application. Soon after that announcement, I talked to Invicara’s …

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Permanent link to this article: http://extranetevolution.com/2018/02/invicara-ceo-we-need-a-new-generation-of-cde-vendors/

Feb 08 2018

Laing CIO is new think project! non-exec

Munich, Germany-based SaaS construction collaboration vendor think project! will be getting advice from one of UK construction’s most prominent chief information officers. Gareth Burton, CIO at UK-based main contractor Laing O’Rourke, has been appointed as a non-executive member of the company’s board. Burton worked in various technology companies including Motorola and BT, and has held board level …

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Permanent link to this article: http://extranetevolution.com/2018/02/laing-cio-is-new-think-project-non-exec/

Feb 05 2018

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/

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