Topcon expanding through acquisition

Topcon Positioning Group is expanding its portfolio with the acquisition of Viasys VDC, a Finnish infrastructure construction software development company. The purchase is intended to strengthen Topcon’s software development expertise. This will support delivery of advanced Topcon virtual design and construction solutions with BIM interoperability. Topcon has now acquired all the outstanding shares of Viasys VDC after having bought a significant percentage of its holdings in early 2016. Jason Hallett, VP of
April 30, 2018 Read time: 2 mins

342 Topcon Positioning Group is expanding its portfolio with the acquisition of Viasys VDC, a Finnish infrastructure construction software development company. The purchase is intended to strengthen Topcon’s software development expertise. This will support delivery of advanced Topcon virtual design and construction solutions with BIM interoperability.

Topcon has now acquired all the outstanding shares of Viasys VDC after having bought a significant percentage of its holdings in early 2016. Jason Hallett, VP of Global Software Business Development, said, “We are excited to complete the full integration of Viasys expertise and suite of advanced software tools and services. This opens up even more opportunities to offer an expanded and cohesive software portfolio, including VDC solutions for seamless BIM interoperability, further strengthening our MAGNET systems for construction execution.”

Heikki Halttula, Viasys VDC president and CEO, said, “We will also continue to develop specialised software tools assisting project owners, designers and contractors in deploying VDC and construction management solutions in their infrastructure and site-work projects. Our solutions enable the aggregation of design models as comprehensive BIM models, to optimise the construction process throughout the project’s lifecycle delivering enhanced quality, higher efficiencies and reduced costs.”

Connected Construction

For more information on companies in this article

Related Content

  • Key developments are changing the face of the machine control market
    April 4, 2013
    Various business moves are changing the face of the machine control sector - Mike Woof reports An array of developments, both business moves and new technologies, are changing the focus for the machine control segment of the construction equipment sector. For a long time three firms, Leica Geosystems, Trimble and Topcon, have dominated this segment. The three are retaining their strong positions in the market but are seeing additional competition from Hemisphere and MOBA. Arguably the biggest news is that T
    Read More
  • Topcon and DAQRI co-developing new safety technology
    December 2, 2015
    Topcon Positioning is establishing a collaboration with DAQRI to develop wearable safety technology for use on construction sites. The two firms will work together to develop technology that will boost safety for site personnel through the use of augmented reality systems. DAQRI is a leader in enterprise augmented reality and developed the Smart Helmet, an industrial-grade unit that seamlessly connects personnel to work environments by providing information about the surroundings.
    Read More
  • Latest GIS and software tools improve operations
    February 24, 2012
    Innovative GIS and software solutions are coming to market from the three key market players - Mike Woof reports Competition is strong in the field for GIS and surveying systems as well as the associated software. The three major players in the sector, Leica Geosystems, Topcon and Trimble, all invest heavily in research and development and continue to roll out new solutions for construction customers that will boost the efficiency of surveying as well as overall project implementation.
    Read More
  • Astec Inc expanding with acquisition
    October 5, 2017
    Astec Industries has acquired the assets and liabilities of RexCon, leading full-line concrete batch plant manufacturers in the US. The aggregate purchase price for the assets is $26 million, which was funded through cash on hand.
    Read More

Highlighted Content