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.
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