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

  • Imtech receives significant traffic technology orders
    January 15, 2013
    European technical services provider Royal Imtech (Imtech) has been awarded a series of contracts worth US$57.5 million to upgrade the current traffic infrastructure in Stockholm, Moscow, Dublin and Copenhagen, as well as providing the technical infrastructure in a double-deck tunnel in Maastricht, Holland. The company will implement a Motorway Traffic Management (MTM) system on the E18 motorway in Sweden, an important road link in the northern part of Stockholm, featuring two tunnels and used by 50,000 veh
    Read More
  • Jenoptik supplies sophisticated multi-section control project
    November 17, 2014
    Efficient speed enforcement in the most highly frequented tunnel in Austria on the A7 near Linz. The Bindermichl-Niedernhart tunnel complex on Austrian highway A7 connects the major east/west A1 route from Vienna/ Bratislava to Munich/Salzburg with the A7/ E55 running south from Prague in the Czech Republic. This happens right in the middle of the city of Linz, Austria.
    Read More
  • Transport in the round
    October 13, 2015
    The ITF’s Mary Crass tells Colin Sowman why future transport demands will require governments to overcome the silo effect of individual single-modal authorities. The only global multimodal transport policy organisation,” is how Mary Crass describes the International Transport Forum (ITF), which is housed at the Organisation for Economic Cooperation and Development (OECD). As head of policy and summit preparation at the ITF she says: “All other organisations are either regional or have a modal focus, we cove
    Read More
  • SK Innovation and Continental team up on worldwide EV power
    March 23, 2012
    SK Innovation and Continental Corporation have announced their intention to team up for powering electric vehicles worldwide. A joint venture is to be formed through which both companies want to develop, manufacture and market Lithium Ion battery systems for automotive applications. SK Innovation and Continental will have 51% and 49% of ownership respectively. The initial JV operations will be based in Germany and Korea; and the management team will be comprised of executives from both companies. The busine
    Read More

Highlighted Content