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Media Coverage

Faith In The Future: GRIDSMART CEO Bill Malkes Talks to Kevin Borras

January 23, 2019 from H3B Connected

The news that GRIDSMART Technologies, Inc had been acquired by the Cubic Corporation was perhaps the first ITS big news story of 2019. The usual questions were soon doing the rounds: What does it mean for GRIDSMART? Will the name disappear?

Knoxville traffic management tech company GRIDSMART acquired for $87M

January 21, 2019 from Knox News

Knoxville-founded GRIDSMART Technologies has been acquired by Cubic Corp. for $87 million in cash. GRIDSMART co-founder and CEO Bill Malkes said production of its traffic management technology will stay in Knoxville, as will its 50 local jobs. The deal closed Jan. 2.

Cubic Corp.’s Gridsmart Acquisition Makes Sense, Says Bullish Raymond James

January 10, 2019 from Yahoo

The announced plans for an $87 million purchase of Gridsmart, a congestion sensor and algorithm company, is well-suited for Cubic’s NextCity strategy, according to a Raymond James analyst.

Bill Malkes shares thoughts on acquisition of GRIDSMART, implications for the region

January 4, 2019 from Teknovation.biz

We caught-up yesterday morning with Bill Malkes, Chief Executive Officer (CEO) of GRIDSMART Technologies Inc., less than a day after the 12-year old Knoxville company’s acquisition by Cubic Corporation was announced.

Cubic buys Gridsmart to solve intersection woes

January 3, 2019 from Smart Cities World

Cubic Transportation Systems has acquired video detection company Gridsmart Technologies for approximately $87m in cash to bolster its intelligent traffic management portfolio.

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