Tag: architecture

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 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 02 2018

Holobuilder expands in Europe

San Francisco, US-based 360-degree reality capture technology developer HoloBuilder has released a European version of its construction reality capturing solution. I talked to Holobuilder in July 2017 and they exhibited at Digital Construction Week in London in October. Like several other US cloud vendors, HoloBuilder recognised that US-based hosting is unattractive to European customers. Its …

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Permanent link to this article: http://extranetevolution.com/2018/03/holobuilder-expands-in-europe/

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 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/

Jan 10 2018

New CEO at GroupBC

Sanjeev Shah and Wes Simmons, GroupBC

Reading, UK-based SaaS collaboration vendor GroupBC has appointed construction software industry veteran Wes Simmons as its CEO. He succeeds Sanjeev Shah, who is taking on a new role in developing GroupBC’s strategic industry partnerships (see GroupBC news release). Simmons was until recently managing director of construction ERP vendor Eque2, where he grew the business from …

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Permanent link to this article: http://extranetevolution.com/2018/01/new-ceo-at-groupbc/

Jan 05 2018

Dalux targets BIM collaboration

Torben Dalgaard - CEO of Dalux

Copenhagen-based Dalux has capitalised upon Denmark’s early BIM adoption and the smartphone explosion to provide user-friendly BIM working, including augmented reality, on mobile devices. In late 2017, I met up with Torben Dalgaard, in 2005 one of the two cofounders of Copenhagen, Denmark-based Dalux, a 40-strong developer of mobile BIM and related Software-as-a-Service construction collaboration …

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Permanent link to this article: http://extranetevolution.com/2018/01/dalux-targets-bim-collaboration/

Dec 18 2017

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/

Dec 17 2017

Oracle set to buy Aconex

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 …

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

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