Australian company providing collaboration technologies
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Aconex Limited
Company type
Public
Industry
Computer software
Founded
Melbourne (2000)
Headquarters
Melbourne, Australia
Key people
Leigh Jasper, CEO and co-founder Robert Phillpot, SVP and co-founder
Aconex Limited (ASX: ACX) was an ASX 200 listed public Australian company providing mobile and web-based collaboration technologies for project information and process management (also sometimes described as project management or project extranet systems), on a software as a service (SaaS) basis, to clients in the construction, infrastructure, power, mining, and oil and gas sectors.
On 17 December 2017, Oracle Corporation agreed to purchase Aconex in a deal valuing the business at A$7.80 per share (US$1.19 billion).[2][3] Shareholders approved the takeover bid on 14 March 2018; Supreme Court of Victoria approval was granted on Thursday, 15 March 2018.[4] Oracle now offers Aconex solutions via its Oracle Aconex platform.[5]
^M. Stewart, Robb (December 17, 2017). "Oracle to Buy Australian Software Maker Aconex". The Wall Street Journal. New York City, New York. Retrieved December 18, 2017.
^"Oracle Corp to buy Australia's Aconex for $1.19 billion". Reuters. Archived from the original on 2023-04-25.
^"Aconex shareholders vote in favour of scheme" (PDF). Australian Stock Exchange. March 14, 2018. Retrieved March 14, 2018.
Aconex Limited (ASX: ACX) was an ASX 200 listed public Australian company providing mobile and web-based collaboration technologies for project information...
million in investor capital. On 16 June 2011, Hosking left his position at Aconex to focus on his job as CEO of Redbubble. In March 2014, it was reported...
Businesses of all Sizes - Oracle Dyn". dyn.com. "Oracle Corp to buy Australia's Aconex for $1.19 billion". Reuters. December 17, 2017. Retrieved December 18, 2017...
payment tools for the construction industry). More recently Australian-based Aconex joined the Construction and Engineering family, offering project controls...
collaboration" and "construction collaboration software" were coined in Australia by Aconex in 2001.[citation needed] It was later adopted in 2003 in the UK when seven...
management tool that makes managing projects, tasks, and collaboration easy. Aconex Online document management, web collaboration and project management software...
for an estimated $35 million (AUD). In 2017, Peter sold his holdings in Aconex as part of a takeover bid by Oracle Corporation for an estimated 12.8 million...
(2000–2001). He was a foundation investor in project management software company Aconex, but had to sell his shares in 2013 when he became a government minister...
In March 2016, the Conject group was acquired by Australia-based rival, Aconex, which, in December 2017, was acquired by Oracle Corporation. Having purchased...
until 2001. He then became an early investor and senior vice president of Aconex which was acquired by Oracle for A$1.6 billion in December 2017. From November...