Hitachi Rail has completed its acquisition of Clever Devices, a U.S.-based provider of intelligent transportation systems, marking a significant expansion into multimodal mobility beyond its traditional rail operations.
Clever Devices, known for its technology solutions that improve fleet management and passenger experience, is projected to generate over $220 million in revenue in 2026. The company has a strong presence in North America with offices in the U.S., Europe, and South America, serving major transit agencies.
The acquisition allows Hitachi Rail to extend its digital capabilities, particularly through Clever Devices' Intelligent Transport System solutions, which enhance public transport usage by improving information accuracy and service punctuality. These solutions are used across various public mobility systems, including buses and railways.
Giuseppe Marino, Group CEO of Hitachi Rail, emphasized that the acquisition aligns with the company's strategy to drive digital transformation in public transport. By integrating Clever Devices' expertise with Hitachi's global reach and HMAX Mobility suite, the company aims to develop more integrated and efficient transportation networks.
Frank Antonysamy, CEO of Clever Devices, now a Hitachi Group Company, highlighted the opportunity to leverage Hitachi's investments in technology and operational expertise to expand globally and enhance value for transit agencies and passengers.
Hitachi Rail's expansion in North America is also supported by recent investments, including a $110 million digital factory in Maryland and a CA$30 million Canadian headquarters. The acquisition was facilitated in collaboration with Hitachi's Strategic Social Innovation Business Unit, supporting the One Hitachi initiative.
The integration of Clever Devices into Hitachi Rail is expected to benefit from the broader digital expertise of Hitachi Group companies, further enhancing its capabilities in the mobility sector.
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