Topcon Acquires Finland’s DynaRoad
Topcon Positioning Group announced it has acquired DynaRoad Oy, a construction software company in Helsinki, Finland. No financial details were provided.
In 2011, Topcon Positioning Systems (TPS) acquired a significant share of DynaRoad, a developer of project management software specifically designed for large-scale construction projects such as highway, tunnel, railway, area development and harbors.
Ray O’Connor, TPS president and CEO, said that by acquiring 100% of DynaRoad, “contractors and designers who are looking to cut construction costs through design optimization and better task management now have a strong central source for production management with DynaRoad being integrated to other Topcon systems.” As a result of the acquisition, the DynaRoad products will be available through Topcon dealers worldwide.
In conjunction with the acquisition, Topcon also announced the establishment of the Topcon Helsinki Technology Center. With the new Helsinki Technology Center, Topcon now has seven technology centers around the globe, including in Japan, Australia, Italy and Russia, plus two in the United States (Ohio and California).
Juuso Makinen, CEO of DynaRoad, said the acquisition “finalizes the close working relationship the two companies have had for years. This is a natural step to take as the integration of machine control and planning software enables us to automate many aspects of production management. Automating manual repetitive tasks such as task progress monitoring means our customers will have a better understanding of their site’s status and more time to spend on optimizing production.”