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Procore Technologies, Inc.: Ma Activity
Procore Technologies entered into a definitive agreement to acquire DroneDeploy for approximately $845 million in cash. DroneDeploy is a robotics and visual intelligence platform used on 3+ million jobsites across 180+ countries.
Source: Connect CRE
The leadership read
Consolidation shifts the leadership question from growth to integration. For Procore Technologies, Inc. in Sales, the demand moves toward transformation and integration leaders who can merge teams, systems and cultures without losing momentum. Across Americas, watch whether the integration is properly resourced; deals are won or lost the year after they close.
Market context: Backdrop: a 102.2 (Warm) Talent Market Index (down 1.7 on the month) with Americas activity easing (-2.4pts).
Procore Technologies, Inc.: 1 signal in the last 90 days — in line with the Sales median of 1 across 24 tracked companies.
From the MitchelLake archive
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Procore Technologies →Procore Technologies agreed to acquire DroneDeploy for approximately $845 million in cash. The acquisition adds aerial and ground-based reality capture, robotics, and AI-powered visual intelligence capabilities to Procore's construction management platform.
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