Looks like the discussions that started last year between Topcon and Sokkia have led to Topcon acquiring 94% of Sokkia's outstanding stock - 32 million shares, for $194 million.
It will be interesting to see what this does moving forward, along with prior relationships on the GPS front between Sokkia and Novatel, which was purchased by Leica since.
Topcon's press release: http://www.topconpositioning.com/news-events/single/item/topcon-sokkia-combine-to-create-worlds-leading-survey-instruments-supplier/
Topcon and Sokkia: Engagement leads to Marriage
On
2/17/2008 02:05:00 PM
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Sokkia is a great brand!