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

  • Kapsch offers EETS–compliant Tolling Services
    June 7, 2017
    Kapsch’s Bernd Eberstaller explains how the company’s new Tolling Services will help expand the number and capabilities of EETS services providers. By 2017, the European Electronic Tolling Service (EETS) should have been in operation for several years but it still remains some way away and with several significant hurdles still to be addressed. The concept behind EETS is simple enough: road users should be able to drive across Europe using only a single transponder to pay for all tolls, with the account-han
    Read More
  • ANPR - cost-efficient traffic management, enforcement and more
    January 23, 2012
    Geoff Collins of Vysionics Intelligent Traffic Solutions talks about the near-term prospects of ANPR. The continued absence of a champion for its cause is preventing digital enforcement technology from delivering the true levels of cost-effectiveness of which it is capable, according to Geoff Collins, sales and marketing director of ANPR specialist Vysionics Intelligent Traffic Solutions.
    Read More
  • The case for integrating urban traffic control and parking
    February 3, 2012
    Although urban traffic control and parking management are inextricably linked in so many ways, there remain fundamental differences which undermine closer integration. Car parking guidance systems can have a significant, positive impact on congestion in town and city centres, however conflicting business models still stand in the way of the more profound integration of car parking management and Urban Traffic Control (UTC) systems.
    Read More
  • Collaboration for feature-rich street lighting technologies
    May 17, 2012
    Canadian company Streetlight Intelligence, a leading developer of adaptive street light control and monitoring technology, and National Semiconductor Corporation have entered into a non-binding memorandum of understanding (MOU) to integrate SLQ's Lumen IQ adaptive street light control systems and National Semiconductor's LED driver technology and assess further business opportunities that may arise. The companies' intentions are to develop and promote future integrated LED driver and intelligent control and
    Read More

Highlighted Content