Skip to main content

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.

Related Content

  • April 8, 2016
    Cubic Transportation Systems to discuss the future of public transportation
    Representatives from Cubic Transportation Systems (CTS), will speak at the APTA Fare Collection & Revenue Management Summit and TransITech Conference, two events to be held in parallel in San Diego from 11-13 April. The APTA Fare Collection & Revenue Management Summit brings together public and private sector professionals from across the transit industry to discuss lessons learned from recent payment system implementations in public transport and other development projects around the world. The APTA Tr
  • November 29, 2022
    ITS Australia Awards: finalists revealed
    Cisco, Moovit and Q-Free are among the companies up for 13th ITS Australia Annual Awards
  • July 10, 2015
    Australian ITS market ‘worth US$1,130.2 million by 2020’
    According to a new market research report, Australia Intelligent Transport System (ITS) Market by application, system (ATMS, ATIS, ITS - Enabled Transportation Pricing System, APTS and CVO) and Territory (New South Wales, Victoria, Queensland, Western Australia, Rest of Australia) - Forecast to 2020, published by MarketsandMarkets, the Australian intelligent transportation systems market is expected to grow at a CAGR of 14.41 per cent between 2015 and 2020, and reach US$1,130.2 million by 2020. The continuo
  • February 2, 2012
    Transport and traffic management for major sporting events
    Maurizio Tomassini, Isis, and Monica Giannini, Pluservice, detail the STADIUM project, which is intended to provide those responsible for planning major international events with a blueprint for success