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

  • IBTTA 2013 Toll Excellence award winners announced
    June 4, 2013
    The International Bridge, Tunnel and Turnpike Association (IBTTA), the worldwide transportation association has announced the winners of its 2013 Toll Excellence Award competition that recognises excellence, innovation and achievement in the tolling industry. “This year’s submissions were particularly innovative,” said Patrick D. Jones, executive director and CEO of IBTTA. “There were many great examples of operations, technology, customer service and social responsibility, which made it difficult for our j
    Read More
  • TAPCO acquires Hawkins Traffic Safety Supply
    March 10, 2015
    Traffic and Parking Control (TAPCO) has increased its product offering with the acquisition of California-based traffic industry manufacturer and supplier Hawkins Traffic Safety Supply, now operating as Hawkins Traffic, a division of TAPCO. TAPCO believes synergies between the two companies will better serve its customers nationally, while providing those on the west coast with additional traffic and parking control options. Hawkins has been manufacturing traffic control products for seven decades and will
    Read More
  • Adopting universal technology platforms for tolling
    July 16, 2012
    Dave Marples of Technolution argues that the continuing development of tolling-specific onboard equipment is leading us up a blind alley. We should, he says, be looking to realise universal platforms with universal application. The near-future automobile contains information systems of a sophistication to rival a jet airliner of only a few years ago, yet is 'piloted' by a considerably less well-trained individual of highly variable mental and physical capacity, and operated in a hostile, unpredictable and p
    Read More
  • The Middle East takes lead in urban mobility
    November 24, 2017
    Ralf Baron, Thomas Kuruvilla, Morsi Berguiga, Michael Zintel, Joseph Salem and Mario Kerbage from Arthur D. Little explain why there is much to be learned from the Middle East about the rapid evolution of transport systems. The rapid urbanisation across the globe is leading to mobility challenges as cities struggle to ensure their populations can move around freely using both public and private transport. Solving these issues is critical to ensuring that cities thrive and attract the investment and
    Read More

Highlighted Content