Aconex

Aconex Limited
Company typePublic
IndustryComputer software
FoundedMelbourne (2000)
Headquarters
Key people
Leigh Jasper, CEO and co-founder
Robert Phillpot, SVP and co-founder
ProductsAconex Platform, Aconex Connected BIM, Aconex Field, Aconex Handover
Revenue$123.4m AUD (2016)[1]
WebsiteAconex

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]

  1. ^ "Aconex Reports FY16 Results: $123.4m Revenue, $13.6m EBITDA", aconex.com. Retrieved 18 October 2016.
  2. ^ 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.
  3. ^ "Oracle Corp to buy Australia's Aconex for $1.19 billion". Reuters. Archived from the original on 2023-04-25.
  4. ^ "Aconex shareholders vote in favour of scheme" (PDF). Australian Stock Exchange. March 14, 2018. Retrieved March 14, 2018.
  5. ^ "Proven Project Delivery and Controls | Oracle".

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