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 2, 2024
    UK TransiT Hub to lead digital twinning for decarbonisation
    University-led project looks at how digital twins can build more efficient infrastructure
    Read More
  • April 20, 2017
    WiLAN to acquire International Road Dynamics
    Canadian patent licensing company WiLAN is to acquire intelligent transportation systems (ITS) supplier International Road Dynamics for an equity value of approximately US $47.4 million (CA$63.5 million). The acquisition is part of WiLAN’s growth strategy which will see it operate under the Quarterhill name from around the beginning of June 2017.
    Read More
  • May 18, 2018
    Joining the dots: four ways to help cities make the connection
    Smoothing the path to connected transportation systems in urban areas all round the world takes a lot of planning: Cisco’s Kyle Connor lays out the four key areas on which he thinks cities should focus. Forward-thinking cities around the world are exploring innovative, new ways to leverage the Internet of Things (IoT) and related technologies to create more connected and efficient transportation systems. Through greater digitisation and connectivity, cities can optimise public transit routes, reduce
    Read More
  • February 8, 2018
    RIPTA partners with Init for electronic fare management project
    The Rhode Island Public Transportation Authority (RIPTA) has selected Init Innovations in Transportation (Init) to implement an account-based electronic fare and back-office revenue management system on their fixed route fleet of over 240 buses. The technology is designed with the intention of allowing passengers to board faster and have more convenient fare options. Additionally, RIPTA hopes to eventually transition most of its fare transactions to mobile, retail, web and agency-internal e-fare smartcar
    Read More

Highlighted Content