Topcon Acquires ClearEdge3D
Company Acquires All Outstanding Shares
Topcon announced it acquired all the outstanding shares of ClearEdge3D, a technology company in the engineering and construction software industry.
“ClearEdge3D has established itself as the frontrunner in applying computer vision, object recognition and other advanced technologies to solve major problems in the AEC industry,” says 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.”
ClearEdge3D founder and CTO, Kevin Williams, comments, “We’re excited to join the Topcon family. 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.”
The company noted, ClearEdge3D’s EdgeWise software dramatically speeds as-built modeling workflows by utilizing 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.