Topcon Acquires ClearEdge3D

Acquisition combines the market-dominant EdgeWise and Verity software
suites with a world leader in positioning hardware

TOKYO, Japan – February 20, 2018 – Topcon Corporation, a world

leader in positioning instruments for survey and construction,

through its American subsidiary, has acquired all the outstanding

shares of ClearEdge3D, Inc., a recognized technology leader in

the engineering and construction software industry.

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.

Terms for the deal were not announced.

“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,” 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 harmonizing 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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