Oracle to buy construction collaboration software maker Aconex for $1.2B in cash

 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