Latest Headlines

Topcon Makes Initial Purchase of Italian Software, Hardware Company

June 5, 2009
/ Print / Reprints /
ShareMore
/ Text Size+

LIVERMORE, Calif. – June 4, 2009 – Topcon Positioning Systems (TPS) has purchased a significant ownership interest of Destura, s.r.l, a software and hardware technology company located in Concordia Sulla Secchia, Modena, Italy. TPS has committed to buying the remaining ownership interest by 2014. In conjunction with the purchase, TPS will purchase a large tract of land and several industrial buildings to be used as a training facility and field test site for Europe.

Destura designs and manufactures software and hardware electronic and mechanical products for the electronics, automotive, agriculture and telematics industries. The company's products include data management boards, system diagnostic wireless interfaces, wireless transducers, transmitters/receivers and related systems, vehicle (automobiles and tractors) engine control unit devices and portable mobile navigation system devices, telemetry systems and high-frequency antennas and transducers, among others.

Prior to the purchase agreement, Topcon was one of Destura’s largest customers. The company is best known for its Telepass toll-road payment system, and its work with Ferrari and Maserati in manufacturing engine test computers.

Ray O’Connor, TPS president and CEO, said, “Our business relationship with Destura proved the company was an excellent provider of services and products to the telematics, vehicle and electronics industries. This agreement to purchase the company shows our commitment to help grow the business, and strengthen our position in the telematics and controls market.”

Roberto Botti, one of the founders of Destura, said, “We look forward to continuing our strong working relationship with Topcon. This agreement provides our company a strong partner in the global marketplace for the unique software and hardware developed by our engineers.”

For more information, visit www.topconpositioning.com.

Did you enjoy this article? Click here to subscribe to POB

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

HxGN Live

More than 3,500 attendees from more than 70 countries attended HxGN Live, the annual Hexagon AB user conference, at the MGM Grand Hotel & Casino in Las Vegas on June 3-6. About 450 keynotes and panel discussions were held, and several companies from around the world exhibited their geospatial products. Here are a few snapshots from the event.

POB

POB October 2014 Cover

2014 October

In this October 2014 issue of POB, we explore cities across Europe pursuing new sustainable energy policies. Also, read how 3D laser scanning produces a winning topographic survey for a high school football field and running track.

Table Of Contents Subscribe

Webinars

How many webinars have you participated in over the past 12 months?
View Results Poll Archive

Point of Beginning Store

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\POB\epubsite\Statues-pic-large.gif
Surveyor Statues

The perfect gift or award for any special occasion.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

Facebook logo Twitter logo  LinkedIn logo  YouTube logoRPLS small logo

Google +

Geo Locator

Buyers Guide

The #1 buyers' guide for land surveyors and geomatics professionals. Search listings for software and equipment manufacturers, equipment dealers and professional services. CLICK HERE to view GeoLocator.