WakeCap, a prominent IoT platform specializing in construction project management, has recently completed the acquisition of Crews by Core, an innovative AI-powered project delivery platform. Although specific financial details of the transaction have not been disclosed, this strategic move is poised to forge a robust Software as a Service (SaaS) and IoT solution tailored specifically for overseeing complex construction projects.

In conjunction with this acquisition, WakeCap is strategically positioning itself by establishing a new research and development (R&D) headquarters in Silicon Valley. This development aims to seamlessly integrate WakeCap’s suite of solutions, which includes connected worker management, precise time and progress monitoring, and advanced safety incident prevention, with Crews by Core’s cutting-edge project delivery platform. The synergies created by this integration are expected to significantly elevate operational efficiency and safety standards across construction mega projects.