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

  • ITS America concerned over use of 5GHz spectrum band
    February 28, 2013
    ITS America has raised con­cerns with the US Federal Communications Commission (FCC) over the potential use of the 5GHz band spec­trum by unlicensed national information infrastructure devices. It wants to protect the 5.9GHz band for dedicated short-range communications (DSRC)-based systems. These crucially underpin the development of connected vehicle (CV) technologies which could help slash the US’ annual tally of six million road traffic accidents and over 30,000 deaths. Within the US Department of Trans
    Read More
  • Centralised traffic control, managing changing traffic demands
    January 23, 2012
    Paul van Koningsbruggen and Dave Marples of Technolution BV describe, using a national example from the Netherlands, how smart add-ons to traffic control centres combine to increase cross-centre capabilities and cost-efficiency. Increasingly, traffic management is becoming the natural partner of the civil engineer, improving flows over existing infrastructure to deliver an alternative to laying more blacktop. As in any emerging market, the first steps towards mature traffic management have not necessarily r
    Read More
  • Crossrail project receives US$814 million EIB funding
    December 16, 2013
    The European Investment Bank (EIB), Europe’s long-term lending institution, has provided further funds to support the latest step in Crossrail’s development with a loan of up to US$814 million to Transport for London (TfL). The facility will be used for financing a fleet of new high-capacity air-conditioned trains as well as a new maintenance depot. Finance contracts were signed in London this week by Steve Allen, TfL’s Managing Director Finance and Jonathan Taylor, European Investment Bank Vice President.
    Read More
  • Kapsch TrafficCom to upgrade Massachusetts ITMS
    June 28, 2016
    Kapsch TrafficCom North America has secured a four year, US$11.5 million (€10.4 million) contract to upgrade and modernise the integrated transportation management system (ITMS) at the Highway Operations Center (HOC) of the Massachusetts Department of Transportation (MassDOT). The new system will manage all of the Department’s state-wide roadway network and the Boston Metropolitan Highway System tunnel complex and facilities. The next generation ITMS, based on Kapsch’s DYNAC software suite, will efficien
    Read More

Highlighted Content