Procore Technologies (PCOR) said Tuesday that it has acquired Novorender and FlyPaper Technologies to expand its Building Information Modeling offerings.
Financial terms of the deals were not disclosed.
Novorender is a 3D model viewer and BIM platform, whereas FlyPaper Technologies is the maker of the Navisworks plugin Sherlock, Procore said.
Following the deal, Procore BIM customers will have access to automated and streamlined 3D design coordination, clash detection, and collaboration, the company said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.