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

  • Columbia goes intermodal to support sustainability
    April 10, 2014
    David Crawford on the ups and downs of a Latin metropolis. Medellín, Colombia’s second city and a recognised leader in sustainable transport thinking, is rapidly extending its substantial existing investment in modern mobility. It is deploying both an enhanced integrated traffic management array and the country’s first intermodal public transportation management system. The supplier of both, under separate €9 million (US$12.3 million) contracts, is Spanish engineering company Indra, a major exporter
    Read More
  • ITS America declare Detroit as success
    October 24, 2014
    ITS America, organisers of the 2014 ITS World Congress in Detroit, has declared the event a great success with more than 9,100 participants, 700 papers and 300 exhibiters plus the most extensive set of demonstrations ever staged. The introduction of Chief Technology Officer sessions was considered a big success attracting almost 800 attendees.
    Read More
  • Kapsch TraffiCom Australia awarded tolling system contract
    September 3, 2012
    Kapsch TraffiCom Australia is to install a new open road tolling system on Sydney’s M5 south west motorway. The contract, worth over US$10.5 million has been awarded by Australia’s Interlink Roads, who, in partnership with the New South Wales Government, have developed a programme of enhancements to the motorway to provide three lanes in each direction between Camden Valley Way and King Georges Road.
    Read More
  • Europe’s number one leading Mobility as a Service conference says the future of transport lies in delivering change
    January 19, 2018
    First hand reports on the rapid progress being made, as well as the obstacles being faced, by Mobility as a Service projects across Europe dominate the agenda of the second “MaaS Market Concept to Delivery” conference taking place in London next month. Speakers will cover the political and regulatory implications, open data, technology and common standards, demand responsive transport and future business models. This is Europe’s number one leading MaaS event and it includes presentations from Port
    Read More

Highlighted Content