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

  • US ITS systems approach critical decision time
    February 3, 2012
    Connie Sorrell, chair of the ITS America Annual Meeting and Exposition, explains why ITS in America is approaching a critical crossroads. Connie Sorrell, as Chief of Systems Operations for the Virginia Department of Transportation, doesn't normally speak in hyperbole, but she can't help but be enthusiastic about this year's ITS America's annual meeting in the nation's capitol, 1-3 June, 2009. Certainly, as Chair of the 2009 ITS America Annual Meeting and Exposition, like everyone who has performed this impo
    Read More
  • Fleet management systems ‘will reach 12 million units in the Americas by 2018’
    October 3, 2014
    According to a new research report from analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in North America was four million in Q4-2013. Growing at a compound annual growth rate (CAGR) of 15.3 per cent, this number is expected to reach 8.1 million by 2018. In Latin America, the number of active fleet management systems is expected to increase from 1.9 million in Q4-2013, growing at a CAGR of 16.1 per cent to reach 3.9 million in 2018. The top t
    Read More
  • Iteris to continue San Bernardino contract 
    February 11, 2021
    California project is seeking to improve traffic flow and safety for all road users
    Read More
  • A smarter path into the future
    November 11, 2015
    The forthcoming Highways UK event at the ExCel in London on 25 and 26 November will debate the future of smart roads, what they will look like and whether they are actually needed, along with in-car robotics and communication with intelligent infrastructure. Daniel Ruiz, Managing Director at Imtech Traffic and Infra UK will be debating the many cultural and social challenges of intelligent transport systems with Isabel Dedring, Deputy Mayor for Transport at the GLA and others in an agenda-setting Highway
    Read More

Highlighted Content