WakeCap, the construction management and IoT platform, has acquired Crews by Core, a Silicon Valley-based AI-powered project delivery platform for the construction industry. With this acquisition, the joint entity will create a comprehensive SaaS and IoT solution company to construct mega projects.

WakeCap will also open an R&D headquarters in Silicon Valley to solidify its global construction tech leader position.

The two companies technologies are already deployed across large sites and megaprojects in the United States, Saudi Arabia, UAE, and Japan, managing tens of thousands of workers performing millions of hours of labour each year.

Customers include Saudi Aramco, Jeddah Central Development Co., Kajima, Takenaka, and Apex Building Group. The acquisition price is not being disclosed.