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Private company

Aconex

Australian company providing collaboration technologies

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 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2000Founded1
  • Industrysoftware industry1
  • HeadquartersMelbourne1
  • Founded inMelbourne1
  • Websitewww.Aconex.com
  • Legal formLimited Partnership3
  • Kind of organizationLimited partnership1
  • LEI549300GNXDJEASLGVG983
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressLevel 1,96 Flinders Street, 3000 Melbourne, Australia3
  • Registered withThe Australian Securities and Investment Commission, 091 376 0913

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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.2

Corporate structure

Aconex is part of a group headed by Oracle Corporation. 63 entities, 15 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

Aconex was founded in 2000 by Leigh Jasper and Robert Phillpot to offer construction collaboration and procurement management services (its name is a concatenation of Australian Construction Exchange). However, due to low market interest in web-based procurement, it focused on expanding its online collaboration services, growing domestic revenue rapidly during the first half of the 2000s.

By late 2004, Aconex had established a presence in the UK market, and was expanding into other regions, including Southeast Asia and the Middle East. Its overseas activity helped it win the 'Emerging Exporter' award in the 2006 Australian Export Awards.

In September 2008, Aconex secured an A$107.5m private equity investment from US-based technology investor Francisco Partners. It has since established a substantial presence in North America.

By 2014, Aconex had served construction and engineering projects with an aggregate value of more than A$800 billion, across all major geographic markets, from more than 40 offices worldwide.

The company completed its initial public offering (IPO) of ordinary shares on December 9, 2014 and was listed on the Australian Securities Exchange (ASX) under the ticker code ACX.

In August 2015, Aconex purchased the Incite Keystone platform from CIMIC group.

In March 2016, Aconex acquired the Germany-based Conject Holding GmbH for A$96m.

On 17 December 2017, Oracle bought Aconex for AUD 7.80 per share in cash.

From Wikipedia’s article on Aconex, shared under CC BY-SA 4.0.4

Products and brands

  • software

Listed on Wikidata.1

Aconex services include:

Construction project information and process management (managing processes, documents, drawings, building information models, communications, workflows, audit trails, and other project information online - both mobile and web access)

Construction field management (managing field inspections and issues from mobile devices)

O&M manuals (developing digital operation and maintenance manuals for post-construction handover to asset owner and dynamic management of asset information)

Read the full text

BIM (building information modeling) data and process management (accessing and managing BIM models at the object level for project management)

Interface management (identifying and resolving interface issues on oil and gas projects)

In 2011, the company launched an online bidding network, branded BidContender. In 2011 and 2012, the company launched Aconex Mobile - mobile applications (iPhone and iPad) for access to the Aconex online collaboration platform. In 2012, the company launched Aconex Field - a mobile field inspection and issues management solution for the iPhone and iPad, and an Android version followed in 2013. Also in 2013, the company launched Aconex Smart Manuals - a collaboration solution for the post-construction handover of digital operation and maintenance (O&M) manuals. In 2014, the company launched Aconex Connected BIM - an extension of the Aconex platform for BIM project collaboration - and Aconex Handover - a suite of post-construction handover solutions that includes Smart Manuals and Dynamic Manuals, a mobile solution for asset information management.

From Wikipedia’s article on Aconex, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Parent company (GLEIF)

Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Timeline

  1. Dec 17, 2017Dissolved Dissolved1
  2. Jan 28, 2001Parent Directly consolidated by Oracle Corporation3
  3. 2000Founded Founded in Melbourne1

Sources

The numbers on this page point here. Each one links to the record it came from.

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