Clever Devices acquires Digital Recorders

Clever Devices, a technology solutions for all modes of public transportation, including fixed-route, bus rapid transit, paratransit and rail, has closed a transaction to acquire substantially all of the assets of Digital Recorders. Formerly, Digital Recorders, a provider of ITS to public transit agencies throughout North America, was a wholly-owned subsidiary of Digital Recorders, (DRI), which filed for bankruptcy in March, 2012.
July 16, 2012 Read time: 1 min
RSS1015 Clever Devices, a technology solutions for all modes of public transportation, including fixed-route, bus rapid transit, paratransit and rail, has closed a transaction to acquire substantially all of the assets of Digital Recorders. Formerly, Digital Recorders, a provider of ITS to public transit agencies throughout North America, was a wholly-owned subsidiary of Digital Recorders, (DRI), which filed for bankruptcy in March, 2012.

Digital Recorders will become a division of Clever Devices, remaining in its facility in Durham, NC.

Related Content

  • July 16, 2012
    A fresh approach to electronic fee collection
    The Utah Transit Authority (UTA) is pioneering fresh approaches to Electronic Fee Collection (EFC) deployment in the US. Its new system, operational since January 2009 on all buses and commuter trains, is the country's first full-network rollout of transit e-ticketing technology built on an open-payment network, according to the organisation's Technology Programme Development Manager Craig Roberts.
    Read More
  • March 13, 2015
    Study - Move to digital railway systems fuels need for big data
    New analysis from Frost & Sullivan, Strategic Analysis of Big Data in Rapid Transit, finds that global annual rail investment in big data will reach over US$2.14 billion by 2021. Investments will grow at a minimum of 60.3 per cent. The study covers hardware, big data distributions, data management components, analytics and visualisations, and services. The global rail market offers huge opportunities for big data technology providers. As some of the signalling equipment on rail networks is nearly 80 years o
    Read More
  • July 19, 2012
    Redflex Traffic Systems announces Redflex Guardian subsidiary
    Redflex Traffic Systems in the US has announced it is expanding its student safety division with the acquisition of SmartBus Live. Since 2008, the SmartBus Live safety camera programme has helped school districts and municipalities monitor and deter drivers who illegally pass school buses while the stop arm is deployed. It will now operate under Redflex’s safety camera programme, Redflex Student Guardian.
    Read More
  • May 16, 2012
    Xerox makes transportation simple
    To many, Xerox is nothing more than the ‘copy company’. For those who know better, they are now the largest provider of transportation services to governments around the world. Xerox is appearing in all sorts of unexpected places after their acquisition of Affiliated Computer Services (ACS) in 2010 and dropping the ACS name earlier this year. To help establish the company as a key player in the intelligent transportation world, Xerox chairman and CEO Ursula Burns will be the featured speaker at the 2012 ITS
    Read More

Highlighted Content