Latista

On June 10, 2016, Oracle completed the acquisition of Textura, a leading provider of construction contracts and payment management cloud services.

Textura’s cloud services process $3.4 billion in payments for over 6,000 projects each month, helping keep projects on time and under budget while reducing risk for developers, contractors and subcontractors. Textura offers its cloud services in a consumption model preferred by the engineering and construction industry whereby the companies involved pay based on project activity. Further, usage of Textura’s cloud services creates a network effect that benefits all participants as more than 85,000 general and subcontractors are connected to the platform.

Oracle Primavera offers a complete suite of cloud solutions for project, cost, time and risk management. The Oracle Primavera flagship products have been completely re-architected for the Cloud, and the result is a set of cloud services that are growing rapidly as construction and engineering companies embrace digital transformation. Together, Oracle Primavera and Textura will form the Oracle Engineering and Construction Global Business Unit offering a comprehensive cloud-based project control and execution platform that manages all phases of engineering and construction projects.

Learn more about Oracle and Textura

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Founded in 2001, Latista had a vision of transforming the construction industry with new technology. As the adoption and use of mobile technologies grew, so did Latista – and the vision is now reality.

Globally top-ranked companies utilize Latista Field mobile enterprise software to reduce project costs and risk through consolidation of field management and back office. With expert industry knowledge, as well as a proven track record of success with customers, Latista achieved the mission to provide the best-in-class mobile solutions to the construction world. But the story does not stop there.

Latista was acquired by Textura in Q4 of 2013, and joins the Textura portfolio of solutions – all focused on the construction industry.

Textura delivers solutions for owners, general contractors, architects, and subcontractors to seamlessly manage all phases of the construction management lifecycle.

By joining the Textura family, Latista customers enter the gateway to a web-based, end-to-end suite of collaboration tools for all stages of construction from bid to handover.

All solutions in the Textura portfolio are market leading or top-in-class; in many cases they are unique. All solutions are built for the way project participants work – providing functionality and value to everyone involved.

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