Mar 11 2020
Perth, Australia-based mobile construction technology vendor APE Mobile has been acquired by another Australian firm, Damstra, for an unspecified amount. The company, originally Applied Project Experience, was founded by Matt Edwards in 2009, and initially set out to exploit the newly-launched Apple iPad tablet to support construction business processes, with APE Mobile‘s Paperless Site Software-as-a-Service …
Permanent link to this article: https://extranetevolution.com/2020/03/ape-mobile-acquired-damstra/
Aug 10 2018
Eschewing the ‘one-size-fits-all, but configurable’ approach of some SaaS vendors, WiseWorking has opted to create cloud-based mobile solutions which are partially customised to meet the exact business process needs of its customers. In August 2014, I met Justin Williams, visiting London from Australia, to talk about Wiseworking, a Melbourne-based customer-focused construction app developer avoiding a …
Permanent link to this article: https://extranetevolution.com/2018/08/wiseworking/
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/
Nov 10 2017
Melbourne, Australia-based SaaS construction collaboration technology vendor Aconex has announced the promotion of two employees to its executive team. Tim Olshansky has been appointed chief technology officer. He was most recently head of engineering, Americas, at Aconex. Previously he founded Worksite, provider of a SaaS project cost management solution that was acquired by Aconex in July …
Permanent link to this article: https://extranetevolution.com/2017/11/aconex-promotes-from-within/
Jul 16 2015
The UK-based SaaS construction collaboration technology vendor 4Projects, now owned by Viewpoint, is was being sued in the Australian courts by Melbourne-based Project Collaboration, once the exclusive reseller of the 4Projects platform in Australasia. According to a statement of claim filed in the County Court of Victoria,* Project Collaboration Pty Ltd is was suing 4Projects Ltd for breach of …
Permanent link to this article: https://extranetevolution.com/2015/07/4projects-facing-au9m-claim/
Nov 16 2014
Aconex IPO reportedly downsized but back on track for a December 2014 ASX listing. Just a couple of weeks after postponing a planned Au$230m initial public offering (IPO) just 24 hours before it was due to publish its prospectus, Melbourne-based Software-as-a-Software construction collaboration technology vendor Aconex is (according to a report by Sally Rose in The Age; …
Permanent link to this article: https://extranetevolution.com/2014/11/aconex-resurrects-ipo-plans/
Oct 27 2014
Just the day before it was due to publish its IPO prospectus, Melbourne-based SaaS construction collaboration technology vendor Aconex is reported to have cancelled the initial public offering planned for November. According to Bridget Carter in The Australian: “… Aconex has cancelled plans for its initial public offering, despite its book build being covered within its …
Permanent link to this article: https://extranetevolution.com/2014/10/breaking-news-aconex-cancels-ipo/
Oct 21 2014
The Australian reports that Melbourne-based SaaS construction collaboration software company Aconex has boosted the size of its raising for its upcoming IPO on the back of strong investor demand. Aconex previously said its plans were to raise between Au$120m and $150m. But it will now raise between $232m and $264m. The company is expected to have a …
Permanent link to this article: https://extranetevolution.com/2014/10/aconex-raises-size-of-ipo/
Jul 22 2014
Aconex, the Melbourne, Australia-based SaaS construction collaboration technology provider, has appointed a new chairman. Simon Yencken, who succeeded the then embattled Martin Hosking in June 2011, has stepped down (but will remain a director) and Adam Lewis (right), a non-executive director since November 2011, is the new chairman. Today’s boardroom reshuffle announcement has also seen Keith Geeslin, a …
Permanent link to this article: https://extranetevolution.com/2014/07/new-chairman-at-aconex/
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