{"id":33019,"date":"2025-10-31T10:28:36","date_gmt":"2025-10-31T17:28:36","guid":{"rendered":"https:\/\/essential.construction\/news\/amid-uptick-in-ma-openspace-acquires-progress-tracking-firm\/"},"modified":"2025-10-31T10:28:36","modified_gmt":"2025-10-31T17:28:36","slug":"amid-uptick-in-ma-openspace-acquires-progress-tracking-firm","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/amid-uptick-in-ma-openspace-acquires-progress-tracking-firm\/","title":{"rendered":"Amid uptick in M&#038;A, OpenSpace acquires progress tracking firm"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<h3 class=\"standard-heading\"><span><span><span><strong><span><span>Dive Brief:<\/span><\/span><\/strong><\/span><\/span><\/span><\/h3>\n<ul>\n<li><span><span><span><span><span><span>OpenSpace, a construction technology firm focused on reality capture, announced that it has <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.openspace.ai\/press-releases\/openspace-acquires-disperse\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>entered a deal to acquire Disperse<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, a progress tracking startup, according to a Tuesday news release. The terms of the deal were not disclosed.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span><span><span><span><span><span>The move comes subsequent to a partnership between the two firms, announced in June, for an offering called OpenSpace Progress Tracking, which uses artificial intelligence and visual scans to assess a job\u2019s headway. The acquisition follows strong customer adoption of the tool, according to the news release.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span><span><span><span><span><span>The combination will help OpenSpace strengthen its spatial AI capabilities and give contractors a deeper understanding of construction projects, according to the release.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<\/ul>\n<h3 class=\"standard-heading\"><span><span><span><strong><span><span>Dive Insight:<\/span><\/span><\/strong><\/span><\/span><\/span><\/h3>\n<p><span><span><span><span><span><span>The pairing of the two firm\u2019s tools helped Mentor, Ohio-based Cleveland Construction bridge the connection between the jobsite and office quickly.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cThe speed at which [OpenSpace Progress Tracking] was implemented and the speed at which we started to get real accurate data back was pretty astounding to our executive team,\u201d said Elliot Christiansen, senior vice president of operations at Cleveland, in the release. \u201cBecause the data was accurate we could have effective two-way conversations with our field team and get answers quickly, without having to play twenty questions with them like we used to.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Christiansen said Cleveland has now deployed the tech across its portfolio.\u00a0\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>OpenSpace\u2019s offering pairs 360-degree visual capture with verified progress analytics and unites documentation, analysis and insights into one ecosystem, according to the release. It can be used to validate work-in-place for billing, identify schedule risks and help inter-trade coordination.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cWith Disperse now part of OpenSpace, builders get real intelligence that is fast, accurate, and proven in the field,\u201d said Jeevan Kalanithi, CEO and co-founder of OpenSpace, in the release.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>The year has been busy for OpenSpace \u2014 prior to the recent acquisition and June partnership with Disperse, the San Francisco-based firm <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/construction-technology-july-2025-dji-openspace\/752589\/#:~:text=the%20company%20said.-,OpenSpace,-Reality%20capture%20solutions\" target=\"_blank\"><span><span><span><span><span><span><span><span>revealed OpenSpace Air in May<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, which allows contractors to gather reality-captured data on a single platform.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>OpenSpace\u2019s acquisition comes amid a spate of M&amp;A activity in the construction industry this past month, both on the tech and the building sides. On Oct. 16, project management solution provider Buildots <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/buildots-acquires-genda-safety-data-workforce\/803492\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>announced that it had acquired Genda<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, a workforce and safety management platform.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>On the construction side, California builder Webcor <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/webcor-buys-gcon-data-center-construction-deal\/803459\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>made a deal to acquire GCON<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, a construction management firm with mission critical, data center and semiconductor expertise. Earlier in the month, <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/zachry-construction-acquires-water-infrastructure-firm\/801955\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>Zachry Construction acquired Crescent Constructors<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, a Texas firm with expertise in water projects in a bid to capitalize on the burgeoning sector.\u00a0\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>And among larger contractors, Canadian infrastructure giant <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/wsp-jacobs-merger-deal-report\/803913\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>WSP reportedly made a multibillion-dollar bid<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> for Dallas-based Jacobs.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.constructiondive.com\/news\/openspace-acquires-disperse-contech-merger\/804410\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Dive Brief: OpenSpace, a construction technology firm focused on reality capture, announced that it has entered a deal to &#8230; <a title=\"Amid uptick in M&#038;A, OpenSpace acquires progress tracking firm\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/amid-uptick-in-ma-openspace-acquires-progress-tracking-firm\/\" aria-label=\"Read more about Amid uptick in M&#038;A, OpenSpace acquires progress tracking firm\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[457],"tags":[],"class_list":["post-33019","post","type-post","status-publish","format-standard","hentry","category-construction-dive","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/33019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=33019"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/33019\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=33019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=33019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=33019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}