Clever Devices acquires Digital Recorders

Clever Devices has closed a transaction to acquire substantially all of the assets of Digital Recorders, a provider of ITS to public transit agencies throughout North America and a wholly-owned subsidiary of Digital Recorders, (DRI), which filed for bankruptcy in March, 2012. Digital Recorders will become a division of Clever Devices, a technology solutions specialist for all modes of public transportation, including fixed-route, bus rapid transit, paratransit and rail.
August 13, 2012 Read time: 1 min
1015 Clever Devices has closed a transaction to acquire substantially all of the assets of Digital Recorders, a provider of ITS to public transit agencies throughout North America and a wholly-owned subsidiary of Digital Recorders, (DRI), which filed for bankruptcy in March, 2012.

Digital Recorders will become a division of Clever Devices, a technology solutions specialist for all modes of public transportation, including fixed-route, bus rapid transit, paratransit and rail.
Detection, Monitoring & Machine Vision

Related Content

  • September 6, 2023
    TagMaster buys ISS radar business for $4.8m
    Deal - done through Sensys Networks - is expected to strengthen TagMaster in US
    Read More
  • March 27, 2012
    Zipcar to control Spain’s largest car sharing operator
    Zipcar, a leading car sharing network, has announced the exercise of its option to purchase a majority ownership interest in Barcelona-based Catalunya Carsharing, known as Avancar. The company operates a fleet of vehicles throughout the cities of Barcelona and Sant Cugat del Valles. The transaction is expected to be completed in early 2012, and builds on Zipcar's initial equity investment in Avancar in December 2009. With this transaction, Zipcar increases its percentage ownership in Avancar to a controlli
    Read More
  • March 12, 2021
    Siemens influences congestion reduction
    When it comes to reducing congestion, even relatively small interventions can have significant and positive knock-on effects, suggests Steve O’Sullivan of Siemens Mobility
    Read More
  • March 4, 2014
    US adopts automated enforcement… gradually
    The US automated enforcement market is in rude health as the number of systems and applications continues to grow and broaden. Jason Barnes reports. Blessed and cursed – arguably, in equal measure – with a constitution which stresses the right to self-expression and determination, the US has had a harder journey than most to the more widespread use of automated traffic enforcement systems. In some cases, opposition to the concept has been extreme – including the murder of a roadside civil enforcement offici
    Read More

Highlighted Content