![]() This “TerraStar Agreement” between Veripos and Topcon is intended to be an agreement with TerraStar GNSS Ltd., a wholly-owned subsidiary of Veripos and the contractual partner for all resellers and customers of the on-shore services. Under the MoU, Hexagon would establish a customer agreement between Topcon and Veripos, under which Topcon will act as a reseller of the satellite broadcast correction signal offered by Veripos. ![]() owns and has received acceptances and pre-acceptances for a total of 9,980,630 shares, representing 30.1 per cent of the outstanding shares in Veripos. Hexagon Acquisition Ltd., an indirectly wholly owned subsidiary of Hexagon, has made an unconditional cash offer for all outstanding shares in Veripos not already owned by Hexagon Acquisition Ltd. and Topcon Corporation have entered into a memorandum of understanding (MoU) related to Veripos, Inc. The regulatory announcement explains that Hexagon, Topcon Europe B.V. Hexagon AB and Topcon have announced an agreement for Hexagon to purchase Veripos, which operates a network of more than 80 GNSS reference stations through its subsidiary TerraStar.
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