Cubic in discussions to acquire Serco transport solutions business

California-based Cubic Corporation is in discussions to acquire the transport solutions business of UK traffic systems company Serco. Serco provides traffic management systems technology, traffic enforcement and the maintenance of traffic signals, emergency equipment and other critical road and tunnel infrastructure. Cubic believes the business has excellent specialist knowledge and capability in the enforcement, road and traffic markets. Transport Solutions support customers such as Transport for London, t
June 7, 2013 Read time: 1 min
California-based 378 Cubic Corporation is in discussions to acquire the transport solutions business of UK traffic systems company 1676 Serco.

Serco provides traffic management systems technology, traffic enforcement and the maintenance of traffic signals, emergency equipment and other critical road and tunnel infrastructure. Cubic believes the business has excellent specialist knowledge and capability in the enforcement, road and traffic markets. Transport Solutions support customers such as 1466 Transport for London, the 503 Highways Agency, 505 Transport Scotland, numerous Safety Camera Partnerships and Transport for New South Wales, Australia.

Cubic and Serco have not entered a final and binding agreement. In the event that such an agreement is reached, it is Cubic’s intention to integrate the business into its Transportation Systems division, a leading integrator of technology and services for intelligent travel solutions.

For more information on companies in this article

Related Content

  • Integration of travel payment and information closer to reality
    January 7, 2013
    Integration of travel payment and information is bringing utopia in management of transportation as a single intermodal system is closer to reality. Larry Yermack writes. For decades, transportation planners and ITS visionaries all believed that transportation would not be fully optimised until it could be managed as a single intermodal system. Relationships between modal operators left this more in the dream category than reality. However, the steady march of advances in payment technology have brought us
    Read More
  • Coeval acquired, looking forward to growth
    December 13, 2013
    Specialist vehicle activated sign (VAS) and overhead vehicle detector (OVD) manufacturer Coeval Group has been acquired by QAS Asset Finance. Coeval’s owners, Nick Sharp and Gordon Bell have also announced their retirement after 26 years with the business. Coeval’s new managing director Gary Higgins was previously managing director of the TSEU Group that included Traffic Signals UK and Microsense Systems before they were acquired by Telent in 2008. He believes there are significant market opportunit
    Read More
  • Mexico’s Durango-Mazatlan highway sets tunnel safety standard
    September 14, 2016
    Mauro Nogarin looks at the management of the longer tunnels on Mexico’s Durango-Mazatlan highway. In recent years the National Infrastructure Fund of Mexico has increased investment in the installation of ITS systems on selected highways to increase road safety. One such major investment is the 230km long Durango-Mazatlan highway which is 12m in width and has an average speed of 110km/h.
    Read More
  • Q-Free 'wins largest deal' in Australia
    December 3, 2024
    Client and location on 'major toll road' are currently unnamed
    Read More

Highlighted Content