Tag: Oracle

Melbourne start-up Matrak attracts interest

Construction Sector Deal cover

Australian construction technology startup Matrak is attracting a lot of interest, having just raised Au$3 million in new funding. Melbourne, Australia-based construction technology startup Matrak is attracting a lot of interest, particularly after being described (by a former Aconex chairman) as the next potential Australian contech “unicorn” following the success of Aconex (acquired by Oracle …

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Permanent link to this article: http://extranetevolution.com/2019/07/melbourne-start-up-matrak-attracts-interest/

Oracle launches Aconex Model Coordination

Oracle Aconex screengrab

Oracle has launched a new BIM coordination tool to expand its Aconex platform, now being assimilated into the Oracle portfolio It is just over a year since Oracle‘s 2017 US$1.2bn acquisition of the Australian Software-as-a-Service collaboration vendor Aconex was approved by shareholders, and since then the US giant has been relatively quiet about its new …

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Permanent link to this article: http://extranetevolution.com/2019/05/oracle-launches-aconex-model-coordination/

GenieBelt expands into US AEC market

Rusty Hamilton

Copenhagen, Denmark based construction cloud technology vendor GenieBelt is expanding its global footprint and establishing an operation in the United States. GenieBelt has appointed Rusty Hamilton, – based in Indianapolis, Indiana – as country manager of its new US operation. Hamilton has worked within the construction industry for over 28 years, including several years as president of …

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Permanent link to this article: http://extranetevolution.com/2018/09/geniebelt-expands-into-us-aec-market/

Aconex (UK) grew 31% in 2017

Now that the Australian-based but internationally operating construction collaboration SaaS vendor Aconex is owned by Oracle it may seem strange to be revisiting its regional financial performance in Europe in the year to 30 June 2017. However, it is useful as a yardstick for the performance of other SaaS construction collaboration vendors, and an indication …

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Permanent link to this article: http://extranetevolution.com/2018/06/aconex-uk-grew-31-in-2017/

Detailed planning with Aphex Planner

Carlos Adams (Aphex)

London-based startup Aphex has launched a cloud-based production planning application that will appeal to anyone frustrated by continued reliance on paper, sticky notes and spreadsheets for detailed weekly planning. Some two years in development, newly launched (see news release)* Aphex Planner aims to help the often multi-disciplinary, multi-company groupings involved in trying to expedite detailed …

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Permanent link to this article: http://extranetevolution.com/2018/05/detailed-planning-with-aphex-planner/

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/

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/

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/

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/

Connected Cost – Aconex’s game-changer?

Guy Barlow, Aconex

Guy Barlow, global commercial director for Connected Cost at Aconex, was speaking at the Project Controls Expo in London last week (16 November 2017). I talked to him before his presentation (on the world’s emerging ‘Giga projects’). Just over six months ago, Melbourne, Australia-based SaaS construction collaboration vendor Aconex finally publicly launched its Connected Cost solution, …

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Permanent link to this article: http://extranetevolution.com/2017/11/connected-cost-aconexs-game-changer/

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