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

  • Israel’s public transport infrastructure ‘lags behind developed countries’
    March 20, 2015
    According to a new report soon to be published by the Bank of Israel, the level of infrastructure in Israel remains lower in some areas—particularly in the area of metropolitan public transit—than in most developed countries. This report, according to an advance copy released this week, examines the level of available infrastructure and investments associated with the sector, as well as how the country fares in these arenas in comparison to other nations. It claims the volume of investment in urban and inte
    Read More
  • MassDOT upgrades E-ZPass customer service
    March 3, 2015
    TransCore has been awarded a multi-year, US$205 million contract by Massachusetts Department of Transportation (MassDOT) to deliver accurate financial accounting, comprehensive transaction processes and customer service operations for its E-ZPass Service Centers. TransCore will implement its Integrity system to process more than 160 million MassDOT transactions each year. As the State moves to a cashless tolling solution, Integrity offers an E-ZPass interoperability module to manage more than 1.9 million lo
    Read More
  • Transportation hub the centre of sustainable urban development
    November 21, 2012
    A marriage of transit, technology and culture is taking shape in Minneapolis, with ITS systems vital to hopes for a sustainable development centred on a hub of public transportation. Construction started in July this year on ‘The Interchange’ – a station in the Midwest US city of Minneapolis claimed as the most spectacular expression yet of the fast-spreading North American concept of transit-oriented development (TOD). Due for completion in 2014, the Interchange is designed as a multi-modal public transpor
    Read More
  • Techniques to improve fuel economy by 18.7% in public transit fleets
    April 2, 2012
    SmartDrive Systems, a specialist in fleet safety and operational efficiency, has announced the results of its Public Transit Fuel Efficiency Study, which reveals that transit fleets can reduce fuel consumption on average as much as 18.7 per cent, saving nearly US$3,400 per vehicle annually, by engaging in fuel-efficient, eco-driving best practices.
    Read More

Highlighted Content