#aconex

US technology giant Oracle is buying ASX-listed construction software provider Aconex in an all-cash $1.6 billion deal as it expands further into the cloud computing market. Aconex's board of directors, who represent about 13.6 percent of the company's stock, will agree to the bid in absence of a superior proposal. Oracle's $1.6 billion takeover of Aconex- at a whopping premium of 47 per cent - crystallises the Melbourne company's status as one of our true global tech stars of the last 20 years. Australia's Aconex Ltd said on Monday it had received a A$1.56 billion , or A$7.80 in cash-per-share, buyout offer from US software major Oracle Corp, sending the target's share price up 45 percent.

Tech Company Oracle Corp has agreed to purchase Aconex Ltd, an Australian based firm that manufactures cloud-based collaboration software for construction projects. The company expects the deal to be wrapped up in the first half of 2018. Aconex was founded in 2000 to provide collaboration and procurement management services to the construction industry, expanding into the UK market in 2004.Oracle has announced it will acquire Australian cloud provider Aconex. The deal will see Aconex co-founders Leigh Jasper and Rob Phillpot cash out on a journey that started in 2000.

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Oracle's $1.6 billion takeover of Aconex- at a whopping premium of 47 per cent - crystallises the Melbourne company's status as one of our true global tech stars of the last 20 years. Oracle Corp. has agreed to buy Aconex Ltd., an Australian company that makes cloud-based collaboration software for construction projects, for A$1.56bn in cash as it pushes deeper in to new markets to gain more customers. Oracle's $1.6 billion takeover of Aconex- at a whopping premium of 47 per cent - crystallises the Melbourne company's status as one of our true global tech stars of the last 20 years. Australia's Aconex Ltd said on Monday it had received a A$1.56 billion , or A$7.80 in cash-per-share, buyout offer from US software major Oracle Corp, sending the target's share price up 45 percent.

Aconex's board of directors, who represent about 13.6 percent of the company's stock, will agree to the bid in absence of a superior proposal. Aconex offers collaboration tools for the construction industry. The deal will see Aconex co-founders Leigh Jasper and Rob Phillpot cash out on a journey that started in 2000.This is not Oracle's first acquisition of a cloud-based construction software maker. Aconex was founded in 2000 to provide collaboration and procurement management services to the construction industry, expanding into the UK market in 2004.

This is not Oracle's first acquisition of a cloud-based construction software maker. Australia's Aconex Ltd said on Monday it had received a A$1.56 billion , or A$7.80 in cash-per-share, buyout offer from US software major Oracle Corp, sending the target's share price up 45 percent. Aconex offers collaboration tools for the construction industry. ORCL signed a deal to scoop up Aconex Ltd for A$1.56 billion in cash in an effort to expand into the rapidly-growing cloud market.

Oracle has announced it will acquire Australian cloud provider Aconex. Aconex was founded in 2000 to provide collaboration and procurement management services to the construction industry, expanding into the UK market in 2004. The company expects the deal to be wrapped up in the first half of 2018.The deal will see Aconex co-founders Leigh Jasper and Rob Phillpot cash out on a journey that started in 2000. Oracle Corp. has agreed to buy Aconex Ltd., an Australian company that makes cloud-based collaboration software for construction projects, for A$1.56bn in cash as it pushes deeper in to new markets to gain more customers.

Oracle's $1.6 billion takeover of Aconex- at a whopping premium of 47 per cent - crystallises the Melbourne company's status as one of our true global tech stars of the last 20 years. The deal will see Aconex co-founders Leigh Jasper and Rob Phillpot cash out on a journey that started in 2000. ORCL signed a deal to scoop up Aconex Ltd for A$1.56 billion in cash in an effort to expand into the rapidly-growing cloud market. Oracle's $1.6 billion takeover of Aconex- at a whopping premium of 47 per cent - crystallises the Melbourne company's status as one of our true global tech stars of the last 20 years.

This is not Oracle's first acquisition of a cloud-based construction software maker. US technology giant Oracle is buying ASX-listed construction software provider Aconex in an all-cash $1.6 billion deal as it expands further into the cloud computing market. Australia's Aconex Ltd said on Monday it had received a A$1.56 billion , or A$7.80 in cash-per-share, buyout offer from US software major Oracle Corp, sending the target's share price up 45 percent.Oracle has announced it will acquire Australian cloud provider Aconex. In a letter, Leigh Jasper, CEO of Aconex, said: "Together, Aconex and Oracle will provide the world's most comprehensive cloud offering for managing all aspects of construction projects.

Aconex was founded in 2000 to provide collaboration and procurement management services to the construction industry, expanding into the UK market in 2004. Tech Company Oracle Corp has agreed to purchase Aconex Ltd, an Australian based firm that manufactures cloud-based collaboration software for construction projects. Oracle's $1.6 billion takeover of Aconex- at a whopping premium of 47 per cent - crystallises the Melbourne company's status as one of our true global tech stars of the last 20 years. The company expects the deal to be wrapped up in the first half of 2018.

Oracle's $1.6 billion takeover of Aconex- at a whopping premium of 47 per cent - crystallises the Melbourne company's status as one of our true global tech stars of the last 20 years. ORCL signed a deal to scoop up Aconex Ltd for A$1.56 billion in cash in an effort to expand into the rapidly-growing cloud market. Aconex offers collaboration tools for the construction industry.Oracle, one of the largest enterprise software companies in the world, has announced that it will buy construction software developer Aconex for $1.2bn in cash. Oracle Corp. has agreed to buy Aconex Ltd., an Australian company that makes cloud-based collaboration software for construction projects, for A$1.56bn in cash as it pushes deeper in to new markets to gain more customers.

Oracle Corp. has agreed to buy Aconex Ltd., an Australian company that makes cloud-based collaboration software for construction projects, for A$1.56bn in cash as it pushes deeper in to new markets to gain more customers. Oracle's $1.6 billion takeover of Aconex- at a whopping premium of 47 per cent - crystallises the Melbourne company's status as one of our true global tech stars of the last 20 years. Oracle has announced it will acquire Australian cloud provider Aconex. Oracle, one of the largest enterprise software companies in the world, has announced that it will buy construction software developer Aconex for $1.2bn in cash.

The deal will see Aconex co-founders Leigh Jasper and Rob Phillpot cash out on a journey that started in 2000. Oracle's $1.6 billion takeover of Aconex- at a whopping premium of 47 per cent - crystallises the Melbourne company's status as one of our true global tech stars of the last 20 years. In a letter, Leigh Jasper, CEO of Aconex, said: "Together, Aconex and Oracle will provide the world's most comprehensive cloud offering for managing all aspects of construction projects.Aconex offers collaboration tools for the construction industry. Australia's Aconex Ltd said on Monday it had received a A$1.56 billion , or A$7.80 in cash-per-share, buyout offer from US software major Oracle Corp, sending the target's share price up 45 percent.

In a letter, Leigh Jasper, CEO of Aconex, said: "Together, Aconex and Oracle will provide the world's most comprehensive cloud offering for managing all aspects of construction projects. Oracle, one of the largest enterprise software companies in the world, has announced that it will buy construction software developer Aconex for $1.2bn in cash. Aconex's board of directors, who represent about 13.6 percent of the company's stock, will agree to the bid in absence of a superior proposal. Oracle's $1.6 billion takeover of Aconex- at a whopping premium of 47 per cent - crystallises the Melbourne company's status as one of our true global tech stars of the last 20 years.

The deal will see Aconex co-founders Leigh Jasper and Rob Phillpot cash out on a journey that started in 2000. Oracle's $1.6 billion takeover of Aconex- at a whopping premium of 47 per cent - crystallises the Melbourne company's status as one of our true global tech stars of the last 20 years. Oracle has announced it will acquire Australian cloud provider Aconex.The company expects the deal to be wrapped up in the first half of 2018. Aconex offers collaboration tools for the construction industry.