Oracle will pay $1.2 billion in cash to buy construction software developer Aconex, the companies announced today. Based in Melbourne, Aconex’s cloud-based software allow teams working on building projects to collaborate and share documents. Oracle agreed to pay AUD $7.80 (about $5.97) per share in cash for a total of $1.2 billion. This price represents a 47% premium over… Read More
from TechCrunch http://ift.tt/2AOBlFQ
Oracle to buy construction collaboration software maker Aconex for $1.2B in cash
Reviewed by Abdullah Muhammad Akram
on
December 18, 2017
Rating: 5
No comments