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

  • Siemens to acquire public transportation, mobility software company
    April 28, 2017
    Siemens is planning to acquire German company HaCon, which provides planning, scheduling and information systems for public transportation, mobility and logistics. Trip planning software from HaCon is used in more than 25 countries and comprises the centre piece of the travel information systems in operation at more than 100 transport companies and associations.
    Read More
  • Latest traffic signal controllers from McCain
    February 21, 2013
    The latest release of traffic signal controllers from US headquartered manufacturer and supplier of intelligent transportation systems, traffic control equipment and parking guidance solutions, McCain, effectively brings the open architecture, modular design, and advanced functionality of the Model 2070 controller platform to NEMA TS 1/TS 2 Type 2 and NEMA TS 2 Type 1 applications, says the company. Both the 2070EN1 NEMA controller and the 2070EN2 NEMA controller have been designed to fully comply with the
    Read More
  • ITS Australia supports funding proposal for industry research
    October 27, 2016
    ITS Australia has welcomed the transport industry’s final application to the Federal Government’s US$498 million (AU$653 million) Cooperative Research Centres (CRC) Program, which has been established to solve industry identified challenges through outcome-focused collaborative research partnerships. ITS Australia, the national body for the intelligent transport systems (ITS) industry, is a consortium member of iMOVE CRC, one of seven shortlisted applicants. With a focus on developing substantial imp
    Read More
  • Smoothing the path to reducing traffic pollution
    October 22, 2014
    David Crawford reviews a new approach to traffic smoothing. A key objective for the Californian city of Bakersfield’s upgraded traffic operations centre (TOC), which opened in June 2014, is to help improve living conditions in a region with one of the worst air quality problems in the US. The TOC is speeding up the smoothing of traffic flows by delivering faster and better-informed traffic signal retiming and synchronisation.
    Read More

Highlighted Content