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Axium (company)
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,[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] HistoryIn 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 DeltekIn 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 alsoReferences
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