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

  • September 20, 2012
    Developing integrated transport networks
    A major initiative in managing numerous transport networks as a single system has moved into a significant phase with design of sophisticated new ITS systems. Jon Masters reports. Detailed design work is under way on two pilot projects pursuing a common principle – that transportation can be made more efficient or effective if the various networks and modes of travel are managed as a whole system. This is the central tenet of the US Department of Transportation’s (USDOT) Integrated Corridor Management (ICM)
  • August 21, 2015
    Traffic management systems top earner for the smart transportation market, says report
    According to Research and Markets’ latest report, smart transportation solutions have been successfully deployed in some of the metropolitan cities around the world. The solutions have proven to be proficient in diminishing the traffic congestion issues. The global smart transportation market size was estimated to be US$46.72 Billion in 2015 and is projected to reach US$138.76 billion by 2020, growing at a CAGR of 24.3 per cent from 2015 to 2020. The report, Smart Transportation Market by Solutions (Tic
  • August 17, 2021
    Rekor to acquire Waycare for $61m
    Waycare AI platform to integrate with Rekor One 
  • February 2, 2012
    European trends in environmental monitoring and enforcement
    David Crawford surveys European trends in environmental monitoring and enforcement