Cubic Corporation: Cubic Acquires GRIDSMART to Expand Intelligent Traffic Management Offering

January 2, 2019

Cubic Corporation(NYSE: CUB) today announced the acquisition of GRIDSMART Technologies, Inc., a market-leading, technology-driven business with a differentiated video tracking offering in the Intelligent Traffic Systems (ITS) market, for approximately $87 million in cash, subject to customary adjustments.

Published on January 2, 2019 by maspect_admin

Posted in

Recent Blogs

Stay informed and connected with industry insights, company news and personal stories

April 29, 2021

Protect Your Community with GRIDSMART Protect

Safety is the most fundamental need in your intersections. But existing in-ground detection and approach-based systems do not do enough, especially for vulnerable road users. That’s why Cubic Transportation Systems is introducing GRIDSMART Protect....

January 20, 2021

Ford’s Path to Launching a Safe, Sustainable Self-Driving Service

Ford Motor Company was built on the belief that freedom of movement drives human progress. It’s a belief that has always fueled our passion to create great cars and trucks. And today, it drives our commitment to become the world’s most trusted company, designing smart...

June 29, 2020

GRIDSMART Releases Version 19.12

Dear Valued Partners, Earlier this month, we shared a preview of GRIDSMART System Software Version 19.12 in a webinar that many of you attended. We're happy to share that 19.12 is now in general release and available for download. We encourage you to update all of...

Featured Event

RETURNING 2021

After much deliberation, and with much remorse, GRIDSMART has decided to cancel INTERSECT this year. The safety of our employees, distributors and customers is of utmost importance.

Learn More