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

  • Vietnam plans intelligent transportation systems
    December 10, 2012
    The Vietnamese government is to draw up new regulations as part of its plan to implement intelligent transportation systems (ITS) in 2013. The project will be executed in three stages from 2012 until 2030. During the first phase, between 2012 and 2015, three traffic control centres will be built to control traffic in the north, central and south regions of the country. During this phase, traffic management equipment will be installed, including closed circuit television cameras, weather forecasting equipm
    Read More
  • Asecap Days 2023: Data drives the best decisions
    December 22, 2023
    Almost all the data being collected by highway operators is going to waste. But if firms collect and analyse these ‘vast lakes of data’ they can investigate threats, monitor management systems and drive up revenues, delegates were told at Asecap Days 2023. Geoff Hadwick reports
    Read More
  • Egis and Actoll form TollSys back office solutions
    December 3, 2013
    International engineering group Egis has partnered with tolling ITS solutions provider Actoll to create TollSys, developer of tolling back office software solutions. TollSys will benefit from business process controls and project management provided by Egis, while Actoll will provide its Ticks software publishing and expertise in toll software development. Its Ticks BPMN studio platform will form the development tool for back office software.
    Read More
  • Here and CDOT to partner on US RoadX connected vehicle project
    January 12, 2016
    The Colorado Department of Transportation (CDOT) and mapping and location technology specialist Here are to partner in the first cellular network-based connected vehicle alert system in North America.
    Read More

Highlighted Content