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Media Coverage

Cubic Acquires GRIDSMART to Expand Intelligent Traffic Management Offering

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.

Cubic Buys Gridsmart Technologies for $87M

Cubic Corp. said on Jan. 2 that it acquired Gridsmart Technologies Inc. for $87 million in cash. Cubic (NYSE: CUB) said the addition will expand its intelligent traffic management offering.

Recent Blogs

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Paving the Way for Mobility Technology

It feels strange to stand in the middle of a fully-functional intersection and not worry about traffic, but you can do it at the connected and automated vehicle test facility at the University of Michigan’s Mcity. At first glance, the McityTest Facility looks like a...

Why Millennials are Changing Traditional Communication

Who are Millennials? You’re probably thinking they’re the self-entitled youth responsible for killing the housing and napkin industries. They’re the helpless generation of nearly-30-somethings expecting the world to be handed to them on a silver platter. While on the...

The NEXT Education and the SEMAPHORE Technician Credential

In this webinar, Bill Malkes, CEO of GRIDSMART Technologies introduces GRIDSMART's partnership with The NEXT Education. The NEXT Education's CEO, Elaina Farnsworth, along with her team elaborate on their mission for the SEMAPHORE Technician Credential and more. To...

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