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

  • January 23, 2012
    UK's Hindhead tunnel pushes the boundaries of traffic management
    The new Hindhead Tunnel is the first in the UK to use radar-based incident detection. Paul Arnold, project manager with the Highways Agency, talks about the project. The comparatively remote location of the A3 Hindhead Tunnel has resulted in it becoming one of the most sophisticated in the UK in terms of monitoring and control systems, according to Paul Arnold, project manager for the Highways Agency (HA), which manages strategic roads in England and Wales. It is the first tunnel in the UK to use radar for
    Read More
  • June 3, 2016
    Automated fare collection market predicted to almost double by 2021
    According to a new market research report, Automated Fare Collection Market by Application (Rail and Transport, Parking), by Service Type (Consulting, System Implementation), by Technology, by Industry, by Region - Global Forecast to 2021, published by MarketsandMarkets, the global automated fare collection (AFC) market is estimated to grow from US$6.42 billion in 2016 to US$11.95 billion by 2021, at an estimated compound annual growth rate (CAGR) of 13.2 per cent. Automated fare collection applications
    Read More
  • October 6, 2022
    Cubic boosts Canada footprint with IntelliTrafik
    Signal timing plans, adaptive corridors and traffic data collection are all on the agenda
    Read More
  • February 3, 2012
    Flexibility, interoperability is key to future traffic management
    Jon Taylor of Faber Maunsell and Tabatha Bailey of Transport for London describe how an unusual mix of traffic practitioners, researchers and industry are working together to build new tools for the future. As we face higher expectations for managing congestion from both citizens and politicians, and as more and more data is becoming available from new sources, our traffic management challenge is changing.
    Read More

Highlighted Content