Australia's Aconex said on Monday it had received a A$1.56 billion ($1.2 billion), or A$7.80 in cash-per-share, buyout offer from software major Oracle, sending the target's share price up 45 percent.

Oracle recently announced its intent to acquire Australian software company Aconex in an effort to boost its industry-focused cloud offerings. Founded in 2000, Aconex provides a cloud-based project ...

The $1.19bn deal was announced by Oracle and Aconex today. Oracle will pay the amount in cash, valuing Aconex shares at around A$7.80 each. The acquisition will be completed during the first half of ...

Less than a week after filing disappointing financial results, Oracle has swooped to purchase another cloud services company, this time agreeing a $1.19bn deal to buy cloud provider Aconex. The ...

REDWOOD SHORES, Calif., Dec. 17, 2017 /PRNewswire/ -- Oracle (NYSE: ORCL) today announced that it has entered into an agreement with Aconex Limited (ASX: ACX), a leading cloud-based solution that ...

Oracle agreed to buy Aconex, an Australian company that makes cloud-based collaboration software for construction projects, for the equivalent of $1.19 billion in cash as it pushes deeper in to new ...