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 …
Tag: Oracle
Permanent link to this article: http://extranetevolution.com/2018/04/trimble-acquires-viewpoint-for-1-2bn/
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 …
Permanent link to this article: http://extranetevolution.com/2018/03/aconex-shareholders-agree-us1-2m-oracle-deal/
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 …
Permanent link to this article: http://extranetevolution.com/2018/02/trimble-acquires-e-builder-for-500m/
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 …
Permanent link to this article: http://extranetevolution.com/2017/12/oracle-set-to-buy-aconex/
Nov 24 2017
Connected Cost – Aconex’s game-changer?
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, …
Permanent link to this article: http://extranetevolution.com/2017/11/connected-cost-aconexs-game-changer/
Oct 26 2017
Aconex boosts US Connected Cost team
Aconex has been boosting its Connected Cost sales and marketing efforts in the US, and is supporting digitisation efforts across the construction and engineering industries. Melbourne, Australia-based SaaS construction collaboration technology vendor Aconex has been recruiting heavily to boost its Connected Cost sales and marketing efforts in the US, with several former Oracle workers joining …
Permanent link to this article: http://extranetevolution.com/2017/10/aconex-boosts-us-connected-cost-team/
Sep 26 2017
CEMAR sticks to its NEC expertise
CEMAR is focused purely on contract management and its expertise in NEC contracts has helped it achieve leadership in this specialist cloud-based software market. Gloucester, UK-based construction contract management software vendor CEMAR is single-minded in its focus on construction contracts and on the NEC suite in particular. This focus has seen the company enjoy year-on-year …
Permanent link to this article: http://extranetevolution.com/2017/09/cemar-sticks-to-its-nec-expertise/
May 08 2017
Procore opens Australia office
A major player in the US construction technology market, Procore is going to take on Aconex in its Australian back yard. California, US-based Procore, a provider of cloud-based construction management software, has opened an office in Sydney, Australia, with experienced construction SaaS veteran Milton Walters appointed vice-president of marketing for the APAC region. Procore says it …
Permanent link to this article: http://extranetevolution.com/2017/05/procore-opens-australia-office/
Apr 27 2017
Aconex launches Connected Cost
It’s taken nearly two years, but Aconex finally announced the launch of Connected Cost earlier this month, potentially heralding a move into construction payment management. With its July 2015 acquisition of US-based Worksite, a project cost management solution developed at ARES Project Management LLC, the Melbourne, Australia-based construction collaboration vendor Aconex started working towards integration of project cost …
Permanent link to this article: http://extranetevolution.com/2017/04/aconex-launches-connected-cost/
Aug 05 2016
Oracle building its construction offering
A Construction Index news story today about the Bank of England’s decision yesterday to reduce the central bank interest rate to 0.25% highlighted once again the UK construction industry’s poor record on prompt payment. It quotes the National Federation of Builders’s chief executive Richard Beresford: “The construction industry has the worst payment record of any …
Permanent link to this article: http://extranetevolution.com/2016/08/oracle-building-its-construction-offering/