Hitachi Rail announced last week it has entered into an agreement to acquire Clever Devices, a leading U.S.-based provider of Intelligent Transportation Systems for transit agencies around the world.
Woodbury, N.Y.-based Clever Devices is known for its advanced technology solutions enhancing fleet management, passenger experience and operational efficiency for mass transit agencies. The company has offices in the United States, Europe and South American, and has projected more than $220 million in revenues for 2026.
The deal between the two companies will offer solutions for both companies’ customers, with the opportunity to expand Clever Devices’ products globally, including through Hitachi Rail’s HMAX suite. The deal is a major step for Hitachi Rail toward its goal to operate as a leading global digital mobility player. Once completed the deal will allow Hitachi to extend its footprint from rail to multimodal mobility and strengthen its presence in North America.
“This investment is an important milestone in our strategy to accelerate the digital transformation of public mobility,” Giuseppe Marino, Group CEO, Hitachi Rail, said. “Clever Devices’ proven expertise in intelligent transportation systems, combined with our global scale and our HMAX Mobility platform, will allow us to offer our customers a suite of data-driven mobility solutions that optimize transport infrastructure and services. Together, we will expand our capabilities beyond rail and deepen our presence in North America, supporting cities as they transition to more innovative and efficient transport networks.”
Clever Devices has more than 600 employees and a customer base that includes eight of the 10 largest North American transit agencies. Its Intelligent Transport System (ITS) solutions are a critical enabler to growing public transport, while making it more attractive and efficient by improving accuracy of information and boosting service punctuality.
Hitachi Rail’s acquisition of Clever Devices will allow the companies to offer enhanced solutions that support the digital transformation of public transport beyond railways, optimize energy management and contribute to the reduction of greenhouse gas emissions, the companies said.