Tag Archive: M&A

Jul 30 2014

RIB Software acquires Docia

Some 21 months after acquiring Australia’s ProjectCentre (post), Stuttgart, Germany-based RIB Software AG has announced it has acquired another Software-as-a-Service business: Denmark-based SaaS construction collaboration technology provider Docia (aka Byggeweb) – a company I first profiled in May 2011. I understand the deal value (including earn-out) is almost €20m, and the acquisition will potentially expand RIB’s reach across Scandinavia …

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Permanent link to this article: http://extranetevolution.com/2014/07/rib-software-acquires-docia/

Apr 11 2013

Idox acquires Artesys to grow McLaren EDMS operation

Idox Group, the parent company of engineering document control and construction collaboration and CAFM business McLaren Software, has today announced the £2m (€2.4m) acquisition of French engineering document management (EDMS) specialists Artesys International. Founded in 2000, based in Rennes, Artesys provides engineering document control solutions and applications supporting the efficient and safe operation of processing …

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Permanent link to this article: http://extranetevolution.com/2013/04/idox-acquires-artesys-to-grow-mclaren-edms-operation/

Feb 17 2011

Aconex director under scrutiny

It appears that defeat of a minority shareholder’s resolution to remove the Aconex chairman Martin Hosking at an EGM last month (post 1, post 2) hasn’t ended the discontent within the highest echelons of the Melbourne-based construction collaboration technology business. Questions have now been asked about the role of another member of the board, with …

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Permanent link to this article: http://extranetevolution.com/2011/02/aconex-director-under-scrutiny/

Jan 18 2010

The Bricsnet interview

Having been impressed by Bricsnet‘s marketing during the dot.com boom years, I followed developments sporadically (mainly because the ProjectCenter extranet product was not heavily marketed in the UK), and have only mentioned the company in this blog a handful of times over the past four years – most recently last November (posts here and here). …

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Permanent link to this article: http://extranetevolution.com/2010/01/the-bricsnet-interview/

Jan 19 2007

Asta acquired by Eleco

Another bit of M&A activity in the AEC IT sector: project management software business Asta Group (developer of construction software products such as TeamPlan and PowerProject) was acquired by Eleco (AIM-listed: ELCO) just before Christmas 2007 (reports ITShowcase). Like RedSky IT (see post), Asta was another firm that has worked with BIW in the past, …

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Permanent link to this article: http://extranetevolution.com/2007/01/asta_acquired_b/