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

  • FTA delighted with €500million plus boost to NI transport infrastructure
    March 15, 2012
    An imminent €500million plus cash injection into Northern Ireland transport infrastructure will lead to lower fuel costs, quicker journey times and greater overseas investment, according to the Freight Transport Association (FTA).
    Read More
  • EVENT: wildlife-vehicle collision reduction
    May 9, 2024
    A symposium this month in Sydney by the Australasian Network for Ecology and Transportation (ANET) and the Environment Institute of Australia and New Zealand (EIANZ) will explore how new and emerging technologies are helping reduce the millions of mammal deaths annually – an estimated four million in Australia alone.
    Read More
  • Implementing road safety initiatives
    July 13, 2012
    Blair Turner examines infrastructure options for achieving Safe System outcomes and their implementation in Australia Like a number of other developed countries around the world, Australia has recently adopted a 'Safe System' approach to addressing road safety. This approach, which stems from Sweden's Vision Zero and Sustainable Safety in the Netherlands, recognises that humans as road users are fallible and will make mistakes. There are also limits to the kinetic energy exchange that humans can tolerate (
    Read More
  • Road construction software innovations
    February 13, 2012
    A range of key software innovations are now available for road construction applications from various suppliers - Adrian Greeman writes. Two significant and highly economic alternatives are now available to the major CAD providers both from Belgium and both offering interesting features. First is Pythagoras, which describes itself as a modern CAD program specially designed for topographical applications which include land surveying, road design and city planning.
    Read More

Highlighted Content