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Oracle Buys Australian Cloud Firm Aconex for $1.2 billion

Oracle Buys Australian Cloud Firm Aconex for $1.2 billion

January 10, 2018

Oracle announced that it has entered into an agreement with Aconex, a leading cloud-based solution that manages team collaboration for construction projects, for approximately US$1.2 billion.

The Aconex project collaboration solution digitally connects owners, builders and other teams, providing complete visibility and management of data, documents and costs across all stages of a construction project lifecycle.

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