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

  • San Diego rail line gets positive train control
    July 24, 2013
    Rail Technology supplier Wabtec is to supply Herzog Technologies to provide with positive train control (PTC) equipment and services for Oceanside, California’s North County Transit District (NCTD) in a deal worth US$9 million. The contract includes an option worth an additional US$5 million. Under the initial contract, Wabtec will provide its interoperable electronic train management system (I-ETMS) equipment and installation for seven locomotives and ten passenger transit cab cars on NCTD's Coaster train,
    Read More
  • Portuguese toll expertise for US toll system
    October 12, 2015
    The Southern Connector Toll Road in South Carolina, US, has awarded a five-year contract to BIT Mobility Solutions, a subsidiary of Portuguese group Brisa, to implement anew back office system for improved effectiveness and efficiency in revenue collection and to minimise toll violations. The US$2 million contract involves integration of legacy components and supply of new subsystems and includes: integration services, digital cameras, vehicle classification system, lane controllers, licence plate recog
    Read More
  • Amey and URS/Scott Wilson win ITS maintenance contract
    April 19, 2012
    Amey and URS/Scott Wilson have won a four-year contract to manage, maintain and improve ITS throughout Wales. This includes all the associated telecommunications and tunnel systems for the entire motorway and trunk road network in Wales. The contract, which starts this month, will see the companies managing a wide range of motorway technology including telephones, signals, CCTV cameras and the two traffic management centres.
    Read More
  • Private equity firm to acquire American Traffic Solutions
    April 19, 2017
    Investment firm Platinum Equity is to acquire Arizona-based American Traffic Solutions (ATS). Financial terms of the transaction were not disclosed. ATS provides road safety cameras and toll and violations management solutions throughout North America. The company has more than 3,500 installed school bus stop arm, red-light and speed safety cameras serving more than 30 million people. ATS’s Fleet Services business provides both toll and violation management solutions to fleets and rental customers. Accordin
    Read More

Highlighted Content