Announced
Completed
Synopsis
Procore Technologies, an American construction management SaaS company, completed the acquisition of Novorender, a 3D-rendering technology and Building Information Modeling platform, and FlyPaper Technologies, a construction software. Financial terms were not disclosed. "We’re excited to combine the power of Novorender and FlyPaper’s best-in-class BIM solutions into the Procore platform. BIM is an accelerant in the future of data-driven construction, and these additions will supercharge Procore's existing BIM capabilities. Together, we’re working to deliver the most performant model-based construction management platform for large, complex projects," Steve Davis, Procore President of Product and Technology.
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