Tag: Australia

Jun 18 2018

Tenderfield targets SMEs

Jason Kamha - Tenderfield co-founder

North Sydney, Australia-based SaaS construction software business Tenderfield has gone from initial concept to live support of over 10,000 users in less than three years. Co-founder Jason Kamha started out labouring on construction projects before doing a construction management degree and working as an estimator and contracts manager. He identified that many small to medium-sized …

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Permanent link to this article: http://extranetevolution.com/2018/06/tenderfield-targets-smes/

May 23 2018

ProjectCentre founder joins Total Synergy

Total-Synergy-Paul-Hemmings

Australia-based construction project management software developer Total Synergy has recruited ProjectCentre founder Paul Hemmings to lead its product development. North Sydney, Australia-based AEC project management software developer Total Synergy has recruited Paul Hemmings to lead its product development. Hemmings founded ProjectCentre (acquired by Germany’s RIB in 2012, and rebranded as iTWOcx in 2013) in 1997, and …

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Permanent link to this article: http://extranetevolution.com/2018/05/projectcentre-founder-joins-total-synergy/

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 14 2018

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/

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/

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/

Nov 30 2017

Ape Mobile expands internationally

Kevin Reece (APE Mobile)

Australian startup APE Mobile is spreading its wings internationally, looking to grow a US-based sales team and maybe add a London office in the future. At Digital Construction Week in London in October, I met up with several businesses I had previously written about – one was APE Mobile, a Perth, Australia-based company I first …

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Permanent link to this article: http://extranetevolution.com/2017/11/ape-mobile-expands-internationally/

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