Axium (company)
{{Short description|Software company}}
{{for|the food company|Axium Foods}}
{{update|date=September 2020}}
{{Infobox company
| name = Axium
| logo = Axium logo.jpg
| logo_size = 125px
| type = Private
| founder =
| area_served = United States
| key_people =
| industry = Software
| genre =
| products = Project accounting software
| services =
| revenue =
| operating_income =
| net_income =
| owner =
| num_employees =
| parent = Deltek, Inc.
| divisions =
| subsid =
| footnotes =
| intl =
| foundation = 1993
| location_city = Portland, Oregon
| location_country = United States
| location =
| locations =
| caption =
| homepage = [http://www.axium.com/ axium.com]
}}
Axium (XTS Software) is a privately held software company founded in 1993 and based in Portland, 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,{{cite web|url=http://www.bizjournals.com/portland/event/4036|title=Fastest-Growing Private 100 Companies Awards Reception|work=Portland Business Journal|accessdate=29 May 2015}} 2009,{{cite web|url=http://portland.bizjournals.com/portland/event/5153|title=Fastest-Growing Private 100 Companies Awards Reception 2009|work=Portland Business Journal|accessdate=29 May 2015}} and 2010.{{cite web|url=http://portland.bizjournals.com/portland/event/7871|title=Fastest-Growing Private Companies Awards Reception 2010|work=Portland Business Journal|accessdate=29 May 2015}} 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.{{cite journal|date=March 2009|title=The 2009 Top 34 Medium Companies to Work For in Oregon|journal=Oregon Business|url=http://www.oregonbusiness.com/articles/17-march-2009/190-the-2009-top-34-medium-companies-to-work-for-in-oregon|access-date=2010-07-14|archive-url=https://web.archive.org/web/20090618114021/http://www.oregonbusiness.com/articles/17-march-2009/190-the-2009-top-34-medium-companies-to-work-for-in-oregon|archive-date=2009-06-18|url-status=dead}}{{cite journal|date=March 2010|title=The 2010 List: 100 Best Companies to Work For in Oregon|journal=Oregon Business|url=http://www.oregonbusiness.com/articles/82-march-2010/3110-the-2010-100-best-companies-to-work-for-in-oregon?start=1|access-date=2010-07-14|archive-url=https://web.archive.org/web/20100617203850/http://www.oregonbusiness.com/articles/82-march-2010/3110-the-2010-100-best-companies-to-work-for-in-oregon?start=1|archive-date=2010-06-17|url-status=dead}}
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.{{cite web|url=http://www.allbusiness.com/professional-services/accounting-tax-auditing/7271291-1.html|title=Timberline Software signs agreement with Axium for sale of A&E product line|date=September 27, 1996|publisher=Business Wire|accessdate=20 August 2010}} 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.{{cite news|url=http://www.oregonlive.com/beaverton/index.ssf/2010/08/beavertons_axium_headed_to_tigards_lincoln_center.html|title=Beaverton's Axium headed to Tigard's Lincoln Center|last=Schmidt|first=Brad|date=August 19, 2010|work=The Oregonian|accessdate=20 August 2010| archiveurl= https://archive.today/20100820104449/http://www.oregonlive.com/beaverton/index.ssf/2010/08/beavertons_axium_headed_to_tigards_lincoln_center.html| archivedate= 20 August 2010 | url-status= live}} The company had revenues of $10.9 million for 2011 and had 78 employees at that time.{{cite news|last=Stevens|first=Suzanne|title=Axium owners sell the company|url=http://www.bizjournals.com/portland/morning_call/2013/01/axium-owners-sell-the-company.html|accessdate=11 January 2013|newspaper=Portland Business Journal|date=January 10, 2013}} Axium was sold in December 2012 to 2ndWave Software, but was to retain its headquarters in Oregon.{{cite news|last=Rogoway|first=Mike|title=Tigard software company Axium sold, will retain Oregon headquarters|url=http://www.oregonlive.com/silicon-forest/index.ssf/2013/01/tigard_software_company_axium.html#incart_river|accessdate=10 January 2013|newspaper=The Oregonian|date=January 9, 2013}}
Axium launched a new product, Project Trek, in 2014.{{cite web
|url=http://panorama-consulting.com/deltek-axium-introduces-project-trek-to-deliver-a-collaboration-and-document-management-solution/
|title=Deltek Axium Introduces Project Trek to Deliver a Collaboration & Document Management Solution
|publisher=Panorama Consulting Solutions
|date=2014-06-27
|accessdate=2014-07-08
|url-status=dead
|archiveurl=https://web.archive.org/web/20140714190424/http://panorama-consulting.com/deltek-axium-introduces-project-trek-to-deliver-a-collaboration-and-document-management-solution/
|archivedate=2014-07-14
}} This came after the company acquired ArchitTrek in March 2014 in an effort to add collaboration and construction project management to its offering.{{cite web|url=https://www.prweb.com/releases/axium_acquires_archittrek_to_add_collaboration_and_construction_management_capabilities_to_its_accounting_and_project_management_solution/prweb11643201.htm |title=Axium Acquires ArchitTrek™ to Add Collaboration and Construction Management Capabilities to Its Accounting and Project Management Solution
|publisher=PR Web |date=2014-03-06 |access-date=2014-07-08}}
=Acquisition by Deltek=
In June 2014, Axium was acquired by Deltek, Inc. The terms of the acquisition were not disclosed.{{cite web|url=http://www.bizjournals.com/portland/morning_call/2014/06/portland-architectural-and-engineering-software.html |title=Portland architectural and engineering software company sold to Virginia outfit |publisher=Biz Journals |date=2014-06-05 |accessdate=2014-07-08}} 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.{{cite web|url=http://www.businesswire.com/news/home/20140604006291/en/Deltek-Acquires-Axium-Extend-Market-Leadership-Architecture |title=Deltek Acquires Axium to Extend Its Market Leadership in the Architecture and Engineering Industry |publisher=Business Wire |date=2014-06-04 |accessdate=2014-07-08}}
See also
References
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