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.

For more information on companies in this article

Related Content

  • Virginia presses ahead with tunnels upgrade despite tolls challenge
    July 30, 2013
    David Crawford reviews current developments and legal/financial issues facing tunnel management in Virginia. This autumn the Virginia Department of Transportation (VDOT) in the US will defend its plan to introduce tolling on the Elizabeth River tunnels linking the cities of Norfolk and Portsmouth in the State’s Hampton Roads area. The tolling, which is due to start from February 2014, will be examined by the State’s Supreme Court later this year. The anticipated toll income, along with loans and bonds, is
    Read More
  • First full-scale Hyperloop test track ‘planned for 2016’
    March 2, 2015
    According to website The Verge, Hyperloop Transportation Technologies (HTT) has secured land for the first full-scale Hyperloop, planned for a 2016 launch in the California model town of Quay Valley. Building off Elon Musk's freely available designs, the crowdfunded company has marked out a five-mile stretch of Quay Valley adjacent to California's Interstate 5 freeway as a place where the innovative transportation system can be deployed. If successful, it would be the first full-size implementation of Musk'
    Read More
  • USDoE and USDoT fund transit projects
    October 30, 2020
    CARTA wants to improve transportation accessibility from 41% to 73%
    Read More
  • Siemens acquires Republic ITS
    March 2, 2012
    Siemens Industry has signed an agreement to acquire 100 per cent of the stock of Republic Intelligent Transportation Services, headquartered in Novato, California.
    Read More

Highlighted Content