Procore to Acquire DroneDeploy, Creating Next-Generation Platform That Sees, Understands, and Acts on the Jobsite
Procore Technologies announced a definitive agreement to acquire DroneDeploy for approximately $845 million in cash, aiming to integrate robotics and visual intelligence into its construction management platform. The deal combines Procore's project data with DroneDeploy's reality capture capabilities, utilizing AI to enable automated observations and actions on the jobsite.
Key figures
- Deal Value Usd
- $845 million
- Procore rfis
- over 10 million
- Procore photos
- nearly 400 million
- Jobsites covered
- over 3 million
- Procore drawings
- over 126 million
- Visual data sqft
- approximately 20 trillion
AI analysis
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