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

  • February 1, 2012
    Idris paves the way for loop based speed enforcement
    With the Idris system now validated as a speed verification tool, the way is open for loops to be used in more complex enforcement applications. Diamond Consulting Services (DCS), developer of the Idris inductive loop-based vehicle detection and classification system, has recently successfully conducted validation trials which, the company says, open the way for Idris to be used for speed verification and loop-based sensors to be used for more complex applications such as speed-on-green and differential spe
    Read More
  • February 1, 2012
    Prospects for intercity transport technology
    Magnetic levitation has been dismissed as unproven, too costly, or pie in the sky. It's time to reappraise it. With the unveiling by China (see News section, page 10) of its own, home-grown magnetic levitation train, it would be odd if politicians, policy-makers and the ITS industry did not want to take a closer look at the 'unproven' technology that is magnetic levitation. Fortunately, doing so is easy. The non-profit International Society for Maglev Transportation (The International Maglev Board) has an e
    Read More
  • February 6, 2012
    Prospects for intercity transport technology
    Magnetic levitation has been dismissed as unproven, too costly, or pie in the sky. It's time to reappraise it
    Read More
  • October 28, 2015
    When caring about sharing is good business for US automakers
    Although car-sharing and ride-sharing could drastically reduce car sales, David Crawford finds some US automakers are keen to participate in the sharing economy. Growing consumer interest in car- and ride-sharing, as opposed to outright ownership, and ride-sharer Uber’s recently stated intention to make its brand competitive with ownership on cost, are making the major US automotive manufacturers think seriously about their future sales prospects. Some have already begun exploring ways of entering the field
    Read More

Highlighted Content