WakeCap, a Saudi-based leader in IoT for construction project management, has acquired Crews by Core, an AI-driven project delivery platform. This acquisition aims to create the most comprehensive SAAS and IoT solutions for large-scale construction projects globally.

Acquisition Overview

The merger of WakeCap and Crews by Core brings together advanced hardware and software tools to improve safety, productivity, and profitability on construction sites. The combined technologies are already utilized on significant US, Saudi Arabia, UAE, and Japan projects, highlighting a robust international footprint.

Strategic Expansion

WakeCap will open a new R&D headquarters in Silicon Valley as part of this strategic move. This initiative leverages Crews by Core’s expertise in building major tech companies and strengthens WakeCap's position as a global leader in construction technology.

Leadership Insights

Di-Ann Eisnor, CEO of Crews by Core, expressed excitement about the merger, noting WakeCap's impressive industry traction. She emphasized the potential for deploying their platform in Saudi Arabia's large-scale projects. Dr. Hassan Albalawi, CEO of WakeCap, praised Crews by Core’s team for their expertise and technical skills, expressing enthusiasm for the enhanced collaboration.

The acquisition of Crews by Core by WakeCap is a pivotal step in advancing construction technology. By combining their strengths, WakeCap aims to elevate safety, efficiency, and profitability in construction projects worldwide, reinforcing its status as a global industry leader.