Skip to main content

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.

Related Content

  • March 2, 2012
    Digital Barriers acquires COE
    COE Group, the advanced video surveillance specialist, has been acquired by Digital Barriers, its third acquisition this year and the next step in its strategy to build a leading mid-market business in the homeland security and defence sectors.
  • October 1, 2013
    Cubic NextWave improves transit agencies’ mobile services
    Cubic Transportation Systems’ NextWave mobile business system is, says the company, a comprehensive platform that enables transit operators to rapidly and securely provide new mobile services to their customers. NextWave provides a cloud-based platform that integrates with both closed and open loop contactless fare systems, payment processors, mobile networks, NFC platforms and both iOS and Android smartphones and tablets, for the introduction of mobile phone-based contactless fare cards, mobile fare pur
  • January 30, 2012
    Road safety systems on show at ITS World Congress
    A vast array of new products and systems for aiding road safety were displayed at the ITS World Congress in October. David Crawford assesses a selection of safety initiatives exhibited in Orlando. Vital roles for ITS applications in road traffic safety emerge clearly from a new report from the US Transportation Safety Advancement Group. The report has been carried out for the Next Generation 911 What's Next Forum, which is preparing the way for future development of the US national 911 emergency single call
  • September 16, 2015
    Cubic and MasterCard launch Urbanomics Mobility Project
    Cubic Transportation Systems (CTS) and its subsidiary Urban Insights are to collaborate with MasterCard on the Urbanomics Mobility Project, a new data analysis platform to fuel smarter, more inclusive cities. The initiative leverages Urban Insights’ state-of-the-art big data analytics and visualisation technology; Cubic’s expertise in processing more than US$24 billion per year in public transportation revenue; and powerful spending trends and insights derived from 43 billion transactions processed over