Teledata World Services to acquire Superior Traffic Controls

Teledata World Services has signed a letter of intent to acquire all of the equity of Superior Traffic Controls, a developer and manufacturer of roadside safety and incident management products. The transaction will result in the majority shareholders of Superior becoming the majority shareholders of the Teledata and comes at the conclusion of a two-year search for a new business opportunity Teledata could merge with or acquire.
May 18, 2012 Read time: 1 min
Teledata World Services has signed a letter of intent to acquire all of the equity of 5633 Superior Traffic Controls, a developer and manufacturer of roadside safety and incident management products. The transaction will result in the majority shareholders of Superior becoming the majority shareholders of the Teledata and comes at the conclusion of a two-year search for a new business opportunity Teledata could merge with or acquire.

Superior's flagship product, The Kone General, is a patented portable device that automatically deploys the company’s also patented traffic safety cones (Safe "D-Ploy" Spring Cone) while the operator remains safely inside the attending vehicle.
Urban Traffic Control

For more information on companies in this article

Related Content

  • Zipcar to control Spain’s largest car sharing operator
    March 27, 2012
    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
  • New technology revolution in urban traffic control?
    January 26, 2012
    Urban traffic control is a well-defined and practised art. Nevertheless, there are technologies here and on the horizon with the potential to revolutionise how we do things. By Gavin Jackman and Andrew Kirkham, TRL, and Jason Barnes. Distributed monitoring and control of urban traffic networks and flows is nothing new. PC-based Urban Traffic Control (UTC) is now well established and operating in many locations around the world. However, it is worth considering the effects of the huge growth in the use of sm
    Read More
  • Plug and play approach unifies workzone ITS
    July 18, 2012
    Caltrans District 7 is finalising a ConOps document which will detail a plug-and-play to work zone ITS operation. The organisation's Allen Z. Chen elaborates. Before August is out, on current planning, the California Department of Transportation (Caltrans) District 7 (which covers Los Angeles and Ventura Counties, with a combined population of close to 11 million people) intends to have finalised a Concept of Operations (ConOps) document dealing with Work Zone Transportation Management Systems (WZTMS). The
    Read More
  • The benefits of combining enforcement and traffic management
    February 27, 2013
    Jason Barnes considers how combining enforcement equipment with other traffic management technologies might benefit our future – if only the will were really in place to do so. During the ITS World Congress in Vienna in October last year, Navtech Radar and Vysion­ics ITS announced a strategic partnership that would combine the expertise of Navtech in millimetre-wave wide-area surveillance technology with Vysionics’ machine vision-based automatic number plate recognition (ANPR) and average speed measurement
    Read More

Highlighted Content