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

  • McCain enhances distribution of ITS solutions
    November 14, 2012
    McCain, manufacturer and supplier of intelligent transportation systems, traffic control equipment and parking guidance solutions, has announced distributor partnerships with Quality Traffic Systems and M H Corbin. Both companies will represent McCain’s full line of traffic control equipment within their respective territories of Georgia and Ohio. “We are always looking for like-minded businesses to partner with,” said Nathan Welch national sales manager at McCain Inc. “Quality Traffic and M H Corbin are ju
    Read More
  • RAC survey shows big safety gains with average speed enforcement
    January 11, 2017
    Cheaper and easier communications are providing authorities with new options for influencing driver behaviour. Colin Sowman reports. It’s official; Average speed cameras (ASCs) cut the number of fatal or serious injury crashes by more than a third.
    Read More
  • Toll performance exceeds expectations, improves travel times
    January 30, 2012
    Jean Harito, Attica Tollway Operations Authority and Steve Morello, Egis Projects describe how looking to exceed contractual obligations makes good operational and business sense. The Attica Tollway is a modern, 65km, access-controlled urban motorway with three lanes in each direction. It constitutes the ring road around the extensive metropolitan area of the Greek capital, Athens, and forms the backbone of the entire road network in the Attica region. By ensuring freeflow operating conditions, the Attica T
    Read More
  • Cubic launches Urban Insights subsidiary to tackle Big Data
    June 23, 2014
    Cubic Transportation Systems has launched a subsidiary called Urban Insights Associates, a consulting and services practice that aims to help the transportation sector utilise stored data to improve the services offered to travellers. The transportation sector gathers large volumes of data on vehicle locations, passenger numbers, ticketing and fare collection as well as from scheduling and asset management systems. According to Cubic, this data has the potential for deriving insights into planning and m
    Read More

Highlighted Content