Ropes & Gray represented Hitachi Rail in its definitive agreement to acquire Clever Devices, an intelligent transportation technology provider. The transaction was announced on April 2 in a press release.
Hitachi Rail, the developer of Japan's iconic high-speed train, works with transport companies around the world to deliver digital solutions to optimize the performance of railways.
Clever Devices, headquartered in Woodbury, New York, is recognized for its advanced technology solutions that enhance fleet management, passenger experience, and operational efficiency for mass transit agencies.
The team was led by M&A partners Ariel Deckelbaum and David Harris, private equity partner Giorgia Lugli and associate Kim Ton-That, tax partner David Saltzman, executive compensation & employee benefits partner Renata Ferrari, employment partner Richard Kidd, IP transactions partner Jordan Altman, antitrust partners Ruchit Patel and Jackie Grise, CFIUS partners Ama Adams and Emerson Siegle, HSR partner Deidre Johnson, environmental partner Peter Alpert, and real estate partner David Kaye.
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