Teledata expands operations with key acquisition

Teledata World Services has signed a letter of intent to acquire all of the equity of Superior Traffic Controls, a developer and manufacturer of roadside safety and incident management products. The transaction will result in the majority shareholders of Superior becoming the majority shareholders of the Teledata and comes at the conclusion of a two-year search for a new business opportunity Teledata could merge with or acquire.
May 18, 2012 Read time: 1 min
RSS5634 Teledata World Services has signed a letter of intent to acquire all of the equity of 5632 Superior Traffic Controls, a developer and manufacturer of roadside safety and incident management products. The transaction will result in the majority shareholders of Superior becoming the majority shareholders of the Teledata and comes at the conclusion of a two-year search for a new business opportunity Teledata could merge with or acquire.

Superior's flagship product, The Kone General, is a patented portable device that automatically deploys the company’s also patented traffic safety cones (Safe "D-Ploy" Spring Cone) while the operator remains safely inside the attending vehicle.

For more information on companies in this article

Related Content

  • Reducing congestion while maximising safety in road construction work zones
    April 30, 2015
    Mike Dreznes, executive vice president at the International Road Federation (IRF) discusses road safety for work zone areas. Work zones around the world can create significant congestion and can cost society billions of dollars. Estimates in the United States alone include approximately 87,600 work zone crashes involving 37,500 injuries that result in 482 million lost hours, valued at approximately US$6.5 billion. When considering these numbers worldwide, it becomes clear that work zone safety and work zone
    Read More
  • Developments in workzone safety systems
    May 3, 2012
    Raising awareness of safety in highway work zones is a global issue, and various initiatives highlight this as Patrick Smith reports. So seriously is work zone safety taken in the United States that each year since 1999 a special week has been set aside to highlight it. Each year in April, National Work Zone Awareness Week is held to bring national attention to motorist and worker safety and mobility issues in work zones.
    Read More
  • Developments in workzone safety systems
    February 8, 2012
    Raising awareness of safety in highway work zones is a global issue, and various initiatives highlight this as Patrick Smith reports. So seriously is work zone safety taken in the United States that each year since 1999 a special week has been set aside to highlight it. Each year in April, National Work Zone Awareness Week is held to bring national attention to motorist and worker safety and mobility issues in work zones.
    Read More
  • Traffic control solution manufacturers win key project works
    September 26, 2013
    Traffic control system manufacturers have recently supplied some of their cutting-edge technology to major projects in Europe. Meanwhile, in southern Asia, another leading firm in the sector is helping reduce chronic traffic congestion in Indonesia’s capital, Jakarta. Guy Woodford reports Solutions supplied by Siemens Mobility & Logistics (M&L) are helping the Rijkswaterstaat improve traffic conditions at the Coentunnel in Amsterdam, one of the most heavily used traffic arteries in the Netherlands, used
    Read More

Highlighted Content