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21 February 2018

Topcon expanding operations with acquisition

First publishedon www.WorldHighways.com

Topcon Corporation has acquired all the outstanding shares of ClearEdge3D for an undisclosed sum. This deal adds a technology leader in the engineering and construction software industry to Topcon’s portfolio.

ClearEdge3D’s EdgeWise software is intended to speed as-built modeling workflows by utilising automated feature extraction algorithms and other patented technologies. Its Verity construction verification software compares laser scan point cloud data of recently completed construction work against design or fabrication models, flagging out-of-tolerance or poorly installed elements. 

“ClearEdge3D has established itself in applying computer vision, object recognition and other advanced technologies to solve major problems in the AEC industry,” said Satoshi Hirano, president and CEO of Topcon. “Their technological prowess combined with Topcon’s leadership in the survey and precision instrument market will make for a very powerful combination.”

“We’re excited to join the Topcon family,” said Kevin Williams, founder and CTO of ClearEdge3D. “It’s a great opportunity to combine the EdgeWise and Verity software platforms with the Topcon sales and financial resources to better serve all of our customers.

“We’ve spent the last few months with the Topcon technical team harmonising and honing our joint product roadmap. We are thrilled to be bringing these technological advances to the AEC industry as part of the Topcon team,” said Williams.

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