Iván Hernández Dalas: Procore Technologies acquires DroneDeploy for $845M
DroneDeploy offers both ground and aerial automated inspections. | Source: DroneDeploy Procore Technologies Inc., a construction management software provider, this week said it will acquire DroneDeploy for approximately $845 million in cash. DroneDeploy offers a robotics and visual intelligence platform for the built world that has been used on over 3 million job sites across more than 180 countries. “I am very excited to bring DroneDeploy’s outstanding team, technology and track record of customer success to Procore,” stated Ajei Gopal, president and CEO of Procore. “Once the acquisition closes, we plan to immediately cross-sell DroneDeploy’s solutions into our broader customer base and vice versa.” “For the longer term, adding DroneDeploy’s technology into the Procore platform will enable us to accelerate our AI strategy and deliver digital co-workers that track what’s happening on a project, make sense of it, and then take action to change the outcome,” he ...