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

  • Green Automotive plots new course into US electric vehicle market
    June 6, 2012
    Green Automotive Company, a US public company involved in the conversion, import and distribution of eco-friendly vehicles, has entered into detailed discussions with Liberty Electric Cars, a UK-based developer of electric drive trains, battery management systems and provider of full support programmes for all types of electric vehicles. These discussions will lead to Liberty technology being used to convert conventional internal combustion engine driven vehicles into zero emission electric vehicles.
    Read More
  • Jenoptik scoops major Australian enforcement order
    October 15, 2013
    Jenoptik’s Traffic Solutions is to operate mobile speed enforcement systems in New South Wales, Australia, under a major contract awarded by the Australian Roads and Maritime Services (RMS) for a new traffic safety program by the RMS designed to increase speed enforcement in New South Wales from six to around 45 mobile vehicles, delivering 7,000 enforcement hours each month. The contract, which has been awarded to two companies, is worth around US$33.5 million over three years.
    Read More
  • Vancouver's metro transport promotes alternatives to driving
    January 26, 2012
    David Crawford looks at Vancouver and the legacy of a Olympic transport success
    Read More
  • CTS enters partnership to improve Melbourne’s traffic flow
    June 18, 2018
    Cubic Transportation Systems (CTS) has entered an R&D agreement with the iMove Cooperative Research Centre to improve traffic flows in Melbourne, Australia. The $55m government-funded project will consider the interaction of all transport modes to identify blockages in the management of an integrated multi-modal system. The two-year initiative - called the Implementation of a Multimodal Situational Awareness and Operations Regime Evaluation Platform – sees CTS collaborating with the University of Melbou
    Read More

Highlighted Content