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

  • Tunnels and bridges, improving Argentina's major road link
    May 2, 2012
    A road improvement plus tunnel and bridge building contract in an area once inhabited by dinosaurs in northern Argentina, is a small but key part of an ambitious project to complete a road that will eventually link the Atlantic and Pacific coasts of Latin America - Adriana Potts reports. Remote, rough and spectacular are words that come to mind when describing the mountains of Ischigualasto in Argentina's northern province of San Juan This is the only place in the world where an undisturbed sequence of rock
    Read More
  • Controls Group reports back from TRB
    April 30, 2018
    The 97th Transportation Research Board meeting was held in Washington from 7-11 January this year. Nearly 13,800 visitors from 70 countries attended the event that covers all things transport-related. “We’ve had a big increase in visitors from Asian countries in the last two years, particularly from China,” said TRB's director of communications Lisa Berardi Marflak. Controls Group, celebrating its 50th year in business, was one of the exhibitors there, showcasing four testing systems: the AsphaltQube, the
    Read More
  • Tunnels and bridges, improving Argentina's major road link
    April 24, 2012
    A road improvement plus tunnel and bridge building contract in an area once inhabited by dinosaurs in northern Argentina, is a small but key part of an ambitious project to complete a road that will eventually link the Atlantic and Pacific coasts of Latin America - Adriana Potts reports. Remote, rough and spectacular are words that come to mind when describing the mountains of Ischigualasto in Argentina's northern province of San Juan This is the only place in the world where an undisturbed sequence of rock
    Read More
  • ERF gains membership in the CCAM Single Platform
    December 12, 2019
    The ERF has been appointed as a member of the CCAM Single Platform (Cooperative, Connected, Automated and Autonomous Mobility), explains Christophe Nicodème* of the ERF
    Read More

Highlighted Content