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

  • Balfour Beatty Mott McDonald secure key H Agency contract
    June 15, 2012
    The Highways Agency has awarded the second of its new Asset Support Contracts to Balfour Beatty Mott MacDonald. The contract involves maintaining and improving the network of motorways and major ‘A’ roads in the North West. It will cover the Agency’s roads in Cheshire, Greater Manchester, Merseyside and south Lancashire and will go live from November 2012. Cumbria and the remainder of Lancashire are covered by a separate contract. The key contract will ensure motorways and major 'A' roads in the region co
    Read More
  • Highway 407 Revisited – smart tollroad extension
    June 7, 2016
    In the late 1990s, World Highways published a supplement on construction of Canada’s Highway 407, the world’s first all-electronic toll road. But how successful has it been? David Arminas reports from Toronto The head office for 407 ETR Concession Company is a low-rise building next to exit 59, just north of Toronto, Canada’s economic powerhouse. The building may be non-descript but inside is the advanced technical heart of Highway 407 ETR – Express Toll Route. It houses the latest toll monitoring techno
    Read More
  • Defining the standards for asphalt road surfaces
    February 20, 2012
    Materials used to construct roads must meet defined standards to offer a variety of solutions including durability, smoothness and long life. The need for the regular testing of materials used in highway construction is now a must on all projects. It is essential to make sure that the materials used in producing roads meet defined standards and offer durability, smoothness and long life.
    Read More
  • Kapsch launches configurable roadside ITS station platform
    June 10, 2019
    Kapsch, working closely with Qualcomm Technologies, is showcasing the latest generation of roadside ITS station platforms, fostering deployment for Cooperative Intelligent Transport Systems (C-ITS). Kapsch says that it has introduced the first configurable roadside ITS station platform for C-V2X direct communication, the RIS-9260. The C-V2X-based intelligent transport system (ITS) station platform - also known as a roadside unit (RSU) - is based on the Qualcomm 9150 C-V2X chipset solution. It connects
    Read More

Highlighted Content