Nov 16 2020
European investment group EQT has taken a majority stake in Munich, Germany-based architecture, engineering and construction Software-as-a-Service provider thinkproject. The Stockholm, Sweden-based international investment group EQT has taken a majority stake in Munich, Germany-based architecture, engineering and construction Software-as-a-Service provider thinkproject (no financial details given). EQT investment Founded in 1994 and strongly associated with Sweden’s …
Permanent link to this article: https://extranetevolution.com/2020/11/eqt-majority-stake-thinkproject/
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/
Aug 18 2017
RIB’s cloud-based construction collaboration platform has been updated, with its SaaS operations contributing about 13% of total group revenues. In a previous post, I mentioned RIB‘s iTWOcx (the product formerly known as Australia’s ProjectCentre – acquired by Germany’s RIB in October 2012). A new release of the cloud-based platform was recently launched, with the business …
Permanent link to this article: https://extranetevolution.com/2017/08/rib-revamps-itwocx/
Sep 27 2016
Munich, Germany-based SaaS construction collaboration technology vendor think project! has established a joint venture with Madrid-based ProjectCenter to target customers in Spain, Portugal and Latin America. According to a think project! news release, it will hold a majority stake in think project! Iberia. ProjectCenter back story As previously described (March 2013 post), ProjectCenter started life in …
Permanent link to this article: https://extranetevolution.com/2016/09/think-project-targets-spain-in-jv-with-projectcenter/
Jun 12 2015
Acquisition of Docia helped increase RIB’s 2014 earnings from its SaaS/cloud operations, and these more than doubled in the first quarter of 2015. The value of the July 2014 acquisition by RIB Software of Copenhagen, Denmark-based SaaS construction collaboration technology provider Docia (aka Byggeweb) has been confirmed in RIB’s 2014 Annual Report, which, somewhat belatedly, I’ve been reading this …
Permanent link to this article: https://extranetevolution.com/2015/06/docia-boosts-rib-saas-revenues/
Jul 30 2014
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 …
Permanent link to this article: https://extranetevolution.com/2014/07/rib-software-acquires-docia/
Sep 04 2013
One-time SaaS collaboration innovator Incite lingers on in the Australian market while former executives are celebrating a new start-up success. Long-standing readers of Extranet Evolution may recall my posts about the Australian business Incite, a Leighton Holdings subsidiary which in 2009 developed some potentially ground-breaking SaaS collaboration technologies to support construction projects. I got a …
Permanent link to this article: https://extranetevolution.com/2013/09/an-incite-update/
Jun 18 2013
Asite, following its organisation (and platform provision) for BuildLondonLive (2008, 2009 and 2012) and BuildQatarLive (2012) is now supporting BuildSydneyLive 2013 in October, another 48-hour Open BIM* event testing the online collaborative and interoperability capabilities of international design teams and their tools. After supporting three events in its home city, the London-HQed SaaS construction collaboration …
Permanent link to this article: https://extranetevolution.com/2013/06/build-sydney-live-2013-29-31-october/
Jun 13 2013
RIB rhetoric is focused on combining ERP and collaboration, but it’s not the only vendor eyeing this AEC opportunity. Talking with Milton Walters of 4Projects‘ Australian partner, ProjectCollaboration last week, I noted that things appeared to have gone quiet at its Sydney-based competitor ProjectCentre following the acquisition of this cloud-based construction collaboration provider by Germany-based …
Permanent link to this article: https://extranetevolution.com/2013/06/rib-launches-second-generation-projectcentre-itwocx/
Mar 14 2013
After disposing of its US FM operations, Bricsnet is focused on project collaboration and will be consolidating its growing business under the ProjectCenter brand. I was recently asked: “Whatever happened with Bricsnet?” As the question came from a former investor in the European SaaS construction collaboration pioneer, it was a little surprising. The Bricsnet back …
Permanent link to this article: https://extranetevolution.com/2013/03/bricsnet-to-rebrand-to-projectcenter/
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