Survey instrument company acquires construction software company

April 19th, 2018, Published in Articles: PositionIT

Topcon, a provider of positioning instruments for survey and construction, through its American subsidiary, has acquired all the outstanding shares of ClearEdge3D, a technology company in the engineering and construction software industry. ClearEdge3D’s EdgeWise software speeds as-built modelling 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. Terms for the deal were not announced. ClearEdge3D applies computer vision, object recognition and other advanced technologies to solve problems in the AEC industry, making it a valuable in combination with Topcon’s expertise in the survey and precision instrument market. The companies have already spent the last few months harmonising and honing their joint product roadmap.

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