Skip to main content

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.

Related Content

  • TE Connectivity to acquire Measurement Specialties
    June 19, 2014
    Swiss connectivity specialist TE Connectivity is to acquire Measurement Specialties for a total transaction value of approximately US$1.7 billion (including assumption of net debt). Measurement Specialties offers a broad portfolio of sensor technologies including pressure, vibration, force, temperature, humidity, ultrasonics, position and fluid, for a wide range of applications and industries. The combination of TE's sensor business with Measurement Specialties' range of sensors and sensor systems es
  • RWE wins charging station contract for Amsterdam
    May 21, 2012
    The Dutch energy utility Essent, a wholly owned subsidiary of RWE AG, has been asked by Amsterdam City Council to install at least 125 charging stations for electric vehicles, but the delivery may be extended up to 750 charging points.
  • Mitsubishi Electric to supply railway systems for TfNSW
    September 5, 2016
    RailConnect NSW (RailConnect), an unincorporated joint venture formed by Mitsubishi Electric’s wholly-owned subsidiary Mitsubishi Electric Australia, Hyundai Rotem and UGL, has been awarded a contract by Transport for New South Wales (TfNSW), Australia for the delivery and maintenance of a new fleet of trains for the New Intercity Fleet.
  • Panasonic and TransitScreen partner to bring connected technologies to growing cities
    June 21, 2017
    Panasonic Corporation of North America and TransitScreen have today announced a strategic alliance to bring advanced IoT applications to smart cities around the US, with the aim of providing city residents and visitors with real-time transit and transportation information to enable more informed commuting and travel decisions.