Hitachi Rail announces agreement to acquire Clever Devices, marking its growth as a global digital mobility player
HITACHI LTD ADR (HTHIY)
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Source: GlobeNewswire
Clever Devices is a leading intelligent transportation technology provider with cutting-edge digital expertise and projected 2026 revenues of over $220 millionDeal offers powerful solutions for both businesses’ customers, with the opportunity to expand Clever Devices’ products globally, including through Hitachi Rail’s HMAX suiteStrategic acquisition will extend Hitachi Rail’s footprint beyond rail into the wider public mobility space, while growing its North American business. NEW YORK, April 02, 2026 (GLOBE NEWSWIRE) -- Hitachi Rail has entered into a definitive agreement to acquire Clever Devices, a leading U.S.-based provider of Intelligent Transportation Systems for transit agencies around the world. Clever Devices, headquartered in Woodbury, New York, is recognized for its pioneering, advanced technology solutions that enhance fleet management, passenger experience and operational efficiency for mass transit agencies. The company has offices located in the United States, Eur
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