Story was mislabeled in September issue.

On July 25, Topcon Corporation, Tokyo, Japan, parent company of Topcon America Corp., Paramus, N.J., and Topcon Laser Systems Inc., Pleasanton, Calif., acquired Javad Positioning Systems, San Jose, Calif. Javad's president, Dr. Javad Ashjaee, joined Topcon as Chief Technology Officer (CTO). According to Bob Iguchi, chairman of TPS, "Topcon's goal is to provide the construction, land surveying and GIS industries with the most advanced, complete and affordable positioning instrumentation available on the market."

POB will be running an in-depth story on the acquisition in its November issue.