M&A Deal Summary

Oracle Acquires Aconex

On December 17, 2017, Oracle acquired information technology company Aconex for 1.6B AUD

Acquisition Highlights
  • This is Oracle’s 12th transaction in the Information Technology sector.
  • This is Oracle’s 11th largest (disclosed) transaction.
  • This is Oracle’s 3rd transaction in Australia.

M&A Deal Summary
Date 2017-12-17
Target Aconex
Sector Information Technology
Buyer(s) Oracle
Deal Type Add-on Acquisition
Deal Value 1.6B AUD

Target

Aconex

Melbourne, Australia
Aconex Ltd. is a vendor of on-demand document management, online project management, correspondence management, risk management, and web collaboration technology solutions to the construction and natural resources industries. Aconex was founded in 2000 and is based in Melbourne, Australia.

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Buyer(S) 1

Buyer

Oracle

Austin, Texas, United States
Category Company
Founded 1977
Sector Software
Employees159,000
Revenue 53.0B USD (2024)
DESCRIPTION
Oracle's headquarters in Austin, Texas.
Oracle's headquarters in Austin, Texas.

Oracle provides products and services that address corporate information technology (IT) environments including applications, platforms, and infrastructure. Oracle's products and services are available to customers via cloud computing or on-premises deployment models. Products include database and middleware software, application software, cloud infrastructure software and hardware systems (Oracle Engineered Systems, servers, storage, networking and industry specific products), along with support and related services. Oracle was formed in 1977 and is based in Austin, Texas.

DEAL STATS #
Overall 120 of 132
Sector (Information Technology) 12 of 16
Type (Add-on Acquisition) 112 of 124
Country (Australia) 3 of 4
Year (2017) 5 of 5
Size (of disclosed) 11 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-18 Moat

New York, New York, United States

Moat, Inc. is a Software as a service company that provides insights on ad campaigns and website inventory for brand advertisers and publishers. Moat, Inc. was established in 2010 and is based in New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-15 Zenedge

Aventura, Florida, United States

Zenedge, Inc. is a provider of critical IT systems deployed via cloud, on-premise or hybrid hosting environments. Zenedge, Inc. was established in 2014 and is based in Aventura, Florida.

Buy -
Mergr

Product

Company

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