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

  • 60% of new cars globally will feature connected car solutions by 2017
    July 4, 2012
    New findings from ABI Research predict that global OEM connected car system penetration will increase from 11.4 per cent in 2012 to 60.1 per cent in 2017. While penetration in the US and Western Europe will exceed 80 per cent by 2017, developing regions such as Latin America and Eastern Europe will also see strong increases in telematics penetration in new vehicles, largely driven by mandates in Brazil and Russia.
    Read More
  • NJ Transit links with Uber and Lyft
    May 25, 2023
    Access Link Riders’ Choice Pilot Program will see ride-hail used for paratransit
    Read More
  • Silos are last century’s thinking
    April 21, 2016
    After 45 years in transportation, Ken Philmus sees the need for major change in a sector currently ill-prepared to meet the challenge of funding and rapidly advancing technological change. Having worked in both the public and private sectors, Ken Philmus, currently senior vice president of transportation solutions at Xerox, appreciates both approaches, but times are changing and he believes the sector needs to change too. “I like trains, planes and automobiles but I love the concept of mobility and that’s w
    Read More
  • Emerging transportation leaders meet at IBTTA 2016 Leadership Academy
    February 10, 2016
    To provide emerging transportation leaders with leadership training geared specifically to the toll road industry, the International Bridge, Tunnel and Turnpike Association (IBTTA) has convened its 2016 Leadership Academy, 1 to 12 February at the Washington Marriott Georgetown in Washington, DC. Selected through a competitive application process, the 36 global participants will participate in this intense, one-week course taught by internationally recognised toll industry leaders, business partners, mana
    Read More

Highlighted Content