Aconex

Plexus, a leading technology provider to Australia’s legal sector, has raised $4.65 million from investors including some of the country’s most reputable technology leaders. The Series A Funding round was led by leading professional services firm KPMG with participation from Aconex co-founders, Rob Philpot and Leigh Jasper, and Message Media

Partnership, merger and acquisitions, deal

US software giant Oracle is buying Melbourne-based Aconex, which provides cloud-based software for construction projects, in a deal worth $1.6 billion. Oracle is offering to buy 100 per cent of the shares in Aconex by way of a scheme of arrangement for A$7.80 in cash per share. Sign up for