Company:Axium

From HandWiki
Short description: Software company
Axium
TypePrivate
IndustrySoftware
Founded1993
Headquarters
Portland, Oregon
,
United States
Area served
United States
ProductsProject accounting software
ParentDeltek, Inc.
Websiteaxium.com

Axium (XTS Software) is a privately held software company founded in 1993 and based in Portland, Oregon , Oregon. Axium has created accounting, project management, and business development software for the architecture and engineering (A/E) industries. Axium was named one of the fastest-growing private companies by the Portland Business Journal in 2008,[1] 2009,[2] and 2010.[3] Axium was rated as one of the top 100 companies to work for in the State of Oregon in 2009 and 2010 by Oregon Business magazine.[4][5]

History

In 1983, Alan Mills formed a joint venture with Timberline Software and developed the architecture & engineering specific product offering. On September 27, 1996, Timberline Software sold its Architecture & Engineering product line to Mills and Cathy Mills.[6] In 2004, Axium launched an entirely new software platform, Ajera, which makes up its core offering today. The company announced plans to move to neighboring Tigard's Lincoln Center in 2010.[7] The company had revenues of $10.9 million for 2011 and had 78 employees at that time.[8] Axium was sold in December 2012 to 2ndWave Software, but was to retain its headquarters in Oregon.[9]

Axium launched a new product, Project Trek, in 2014.[10] This came after the company acquired ArchitTrek in March 2014 in an effort to add collaboration and construction project management to its offering.[11]

Acquisition by Deltek

In June 2014, Axium was acquired by Deltek, Inc. The terms of the acquisition were not disclosed.[12] While Deltek announced plans to incorporate Axium's software solutions into their own offering and reported that the acquisition would speed their growth, Axium continues to operate as a separate entity and serve their 3,500+ existing customers.[13]

See also

  • List of companies based in Oregon

References

  1. ↑ "Fastest-Growing Private 100 Companies Awards Reception". Portland Business Journal. http://www.bizjournals.com/portland/event/4036. Retrieved 29 May 2015. 
  2. ↑ "Fastest-Growing Private 100 Companies Awards Reception 2009". Portland Business Journal. http://portland.bizjournals.com/portland/event/5153. Retrieved 29 May 2015. 
  3. ↑ "Fastest-Growing Private Companies Awards Reception 2010". Portland Business Journal. http://portland.bizjournals.com/portland/event/7871. Retrieved 29 May 2015. 
  4. ↑ "The 2009 Top 34 Medium Companies to Work For in Oregon". Oregon Business. March 2009. http://www.oregonbusiness.com/articles/17-march-2009/190-the-2009-top-34-medium-companies-to-work-for-in-oregon. Retrieved 2010-07-14. 
  5. ↑ "The 2010 List: 100 Best Companies to Work For in Oregon". Oregon Business. March 2010. http://www.oregonbusiness.com/articles/82-march-2010/3110-the-2010-100-best-companies-to-work-for-in-oregon?start=1. Retrieved 2010-07-14. 
  6. ↑ "Timberline Software signs agreement with Axium for sale of A&E product line". Business Wire. September 27, 1996. http://www.allbusiness.com/professional-services/accounting-tax-auditing/7271291-1.html. Retrieved 20 August 2010. 
  7. ↑ Schmidt, Brad (August 19, 2010). "Beaverton's Axium headed to Tigard's Lincoln Center". The Oregonian. Archived from the original on 20 August 2010. https://archive.today/20100820104449/http://www.oregonlive.com/beaverton/index.ssf/2010/08/beavertons_axium_headed_to_tigards_lincoln_center.html. Retrieved 20 August 2010. 
  8. ↑ Stevens, Suzanne (January 10, 2013). "Axium owners sell the company". Portland Business Journal. http://www.bizjournals.com/portland/morning_call/2013/01/axium-owners-sell-the-company.html. Retrieved 11 January 2013. 
  9. ↑ Rogoway, Mike (January 9, 2013). "Tigard software company Axium sold, will retain Oregon headquarters". The Oregonian. http://www.oregonlive.com/silicon-forest/index.ssf/2013/01/tigard_software_company_axium.html#incart_river. Retrieved 10 January 2013. 
  10. ↑ "Deltek Axium Introduces Project Trek to Deliver a Collaboration & Document Management Solution". Panorama Consulting Solutions. 2014-06-27. Archived from the original on 2014-07-14. https://web.archive.org/web/20140714190424/http://panorama-consulting.com/deltek-axium-introduces-project-trek-to-deliver-a-collaboration-and-document-management-solution/. Retrieved 2014-07-08. 
  11. ↑ "Axium Acquires ArchitTrek™ to Add Collaboration and Construction Management Capabilities to Its Accounting and Project Management Solution". PR Web. 2014-03-06. http://www.prweb.com/releases/AxiumAjera/ArchitTrek/prweb11643201.htm. Retrieved 2014-07-08. 
  12. ↑ "Portland architectural and engineering software company sold to Virginia outfit". Biz Journals. 2014-06-05. http://www.bizjournals.com/portland/morning_call/2014/06/portland-architectural-and-engineering-software.html. Retrieved 2014-07-08. 
  13. ↑ "Deltek Acquires Axium to Extend Its Market Leadership in the Architecture and Engineering Industry". Business Wire. 2014-06-04. http://www.businesswire.com/news/home/20140604006291/en/Deltek-Acquires-Axium-Extend-Market-Leadership-Architecture. Retrieved 2014-07-08. 

External links




Retrieved from "https://handwiki.org/wiki/index.php?title=Company:Axium&oldid=3473200"