Joel Koppelman, Les Seskin, and Dick Faris founded Primavera Systems, Inc. on May 1, 1983.
It traded as a private company based in Pennsylvania (USA), developing software for the Project Portfolio Management market.
[4] In 2011, co-founder Joel Koppelman announced his retirement; Mike Sicilia, SVP and General Manager, succeeded him.
In 2016, the Primavera Global Business Unit became Oracle Construction and Engineering Global Business Unit (CEGBU) following multiple acquisitions, including Skire (now Primavera Unifier), Instantis (Cloud based Project Portfolio Management) and Textura (a Chicago based company offering contract management and online payment tools for the construction industry).
More recently Australian-based Aconex joined the Construction and Engineering family, offering project controls, collaboration, document management and BIM capabilities.