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

  • November 28, 2013
    Taiwan to go all-electronic free flow tolling
    Taiwan’s 900 kilometres of toll roads will transition to all-electronic free flow operations early next year. The roads, which include three north-south routes with 22 toll points, carry out around 1.7 million transactions a day, generating some US$700 million of annual toll revenue. Private contractor Far Eastern Electronic Toll Collection Company (FETC), under contract to the National Freeway Bureau to collect the tolls, says that the IR-based toll system worked well and some 43 per cent of transactio
    Read More
  • March 1, 2012
    RTMS radar detectors for Asian Games
    Flow Traffic Limited, the Hong Kong-based wholly owned subsidiary of Image Sensing Systems, has won a large contract to supply vehicle detection systems to the city of Guangzhou, China. The contract is part of infrastructure improvements required for the Asian Games, a major sporting event to be held in Guangzhou from 12-27 November. The project will provide real time traffic guidance and journey time information to reduce congestion and travel time during the international event.
    Read More
  • October 5, 2022
    ITS growing in public transit: report
    Berg Insight says market for ITS on buses and trams will be €2.8bn in Europe by 2026
    Read More
  • September 26, 2022
    Optibus and Ito World plan ahead
    Software and routing specialists get together to create 'more efficient' public transport
    Read More

Highlighted Content