Jun 20 2018
UK construction collaboration SaaS developer Asite increased its revenues 18% in the year to 30 June 2017, according to its latest report and accounts. London, UK-based construction collaboration Software-as-a-Service developer Asite increased its revenues 18% in the year to 30 June 2017. According to its latest report and accounts, the group received £7.150m in revenues …
Permanent link to this article: https://extranetevolution.com/2018/06/asite-revenues-up-18-in-2017/
Jun 18 2018
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 …
Permanent link to this article: https://extranetevolution.com/2018/06/tenderfield-targets-smes/
May 23 2018
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 …
Permanent link to this article: https://extranetevolution.com/2018/05/projectcentre-founder-joins-total-synergy/
Apr 24 2018
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 …
Permanent link to this article: https://extranetevolution.com/2018/04/trimble-acquires-viewpoint-for-1-2bn/
Permanent link to this article: https://extranetevolution.com/2018/03/asites-amessage-in-adoddle/
Mar 19 2018
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 …
Permanent link to this article: https://extranetevolution.com/2018/03/qa-teambinder-acquired-by-ineight/
Mar 14 2018
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: https://extranetevolution.com/2018/03/aconex-shareholders-agree-us1-2m-oracle-deal/
Feb 20 2018
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 …
Permanent link to this article: https://extranetevolution.com/2018/02/aconex-delivers-solid-first-half-growth/
Dec 18 2017
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), …
Permanent link to this article: https://extranetevolution.com/2017/12/oracle-to-buy-aconex-reaction/
Dec 17 2017
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: https://extranetevolution.com/2017/12/oracle-set-to-buy-aconex/
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