Bus

Clever Devices acquires Digital Recorders

Posted on July 13, 2012

Clever Devices has closed a transaction to acquire substantially all of the assets of Digital Recorders, a leading provider of Intelligent Transportation Systems to public transit agencies throughout North America. Formerly, Digital Recorders was a wholly-owned subsidiary of Digital Recorders Inc. (DRI), which filed for bankruptcy in March, 2012.

“Digital Recorders has a long history of providing excellent technology solutions to its clients," said Frank Ingrassia, CEO of Clever Devices. "We are excited to continue the tradition of value-added service to Digital Recorders’ extensive client base.”

Digital Recorders will become a division of Clever Devices, remaining in its facility in Durham, N.C. “The employees of Digital Recorders are a talented group with a wealth of expertise, and we welcome them to our team. We share the same values and culture, and look forward to working closely with them to ensure a seamless transition for their customers,” Ingrassia said.

View comments or post a comment on this story. (0 Comments)

More News

Montgomery County, Md. breaks ground on BRT corridor

Starting in 2020, the 14-mile, 11-station BRT will run between Burtonsville and downtown Silver Spring

Grande West recieves orders for $6M in Vicinity bus orders

The orders are for delivery in the next 12 months and are new customers for Grande West.

MCI's D45 CRT LE Commuter Coaches completes Altoona Testing

The vehicle received a 10-month battery of tests accelerating a 12-year, 500,000 miles service life.

KCATA breaks ground on 3rd MAX BRT line

Will include real-time arrival information, Wi-Fi service, and passenger-friendly transit centers.

 

Miss. transit authorities to purchase Vicinity buses

The City of Oxford, Miss., is the executive agent on behalf of a group of agencies listed for the procurement.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation