Cubic to Acquire Trafficware to Strengthen
Traffic Management Portfolio
Acquisition to expand Cubic’s market-leading position in next-generation intelligent transport solutions
SAN DIEGO – Oct. 24, 2018 – Cubic Corporation (NYSE: CUB) today announced that it has entered into an agreement to acquire Advanced Traffic Solutions Inc. (“Trafficware”), a leading provider of intelligent traffic solutions for the transportation industry, for approximately $235.7 million in cash, subject to customary adjustments. Based in Sugar Land, TX., Trafficware provides a fully integrated, innovative suite of software, Internet of Things (IoT) devices and hardware solutions that provide customers with enhanced mobility and improved safety. Trafficware will be integrated into the Cubic Transportation Systems (CTS) business unit. The acquisition is expected to close today, October 24, subject to customary closing conditions.
Traffic Management Portfolio
Acquisition to expand Cubic’s market-leading position in next-generation intelligent transport solutions
SAN DIEGO – Oct. 24, 2018 – Cubic Corporation (NYSE: CUB) today announced that it has entered into an agreement to acquire Advanced Traffic Solutions Inc. (“Trafficware”), a leading provider of intelligent traffic solutions for the transportation industry, for approximately $235.7 million in cash, subject to customary adjustments. Based in Sugar Land, TX., Trafficware provides a fully integrated, innovative suite of software, Internet of Things (IoT) devices and hardware solutions that provide customers with enhanced mobility and improved safety. Trafficware will be integrated into the Cubic Transportation Systems (CTS) business unit. The acquisition is expected to close today, October 24, subject to customary closing conditions.
About Us
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Everyday around the world, Trafficware advances quality of life and promotes green initiatives through the deployment of advanced traffic technologies. With installations from coast to coast and in the technology test bed of Silicon Valley, Trafficware leads the traffic industry, building transportation management infrastructure for the next generation of smart cities. The company achieves this by optimizing the flow of motorist and pedestrian traffic while expediting the arrival of emergency vehicles, maintaining the schedule of transit vehicles, and innovative development for roads of the future.
Learn more: Trafficware Corporate, Product Line Card |
Spotlight
Trafficware Delivers Game Changing Smart Signal Controller
After more than a year in research and development, customer focus groups, and input from renown industrial design teams, Trafficware debuts its Smart City ready, Advanced Traffic Controller (ATC). COMMANDER is more than a traffic controller; it is a platform for the future of smart intersections and showcases Trafficware’s extensive experience in software and hardware design. Performance includes compliance with the Version 6 ATC standard, enhanced Version 6.25 engine board, and an additional processing module for graphics and other secondary control functions. For more information.
After more than a year in research and development, customer focus groups, and input from renown industrial design teams, Trafficware debuts its Smart City ready, Advanced Traffic Controller (ATC). COMMANDER is more than a traffic controller; it is a platform for the future of smart intersections and showcases Trafficware’s extensive experience in software and hardware design. Performance includes compliance with the Version 6 ATC standard, enhanced Version 6.25 engine board, and an additional processing module for graphics and other secondary control functions. For more information.
Used in more than 90 countries and an integral part of university curriculum's.
Synchro Is now Fully Integrated with Trafficware's ATMS Central Management System and Supports Latest Edition of the Highway Capacity Manual, Includes New FHWA-sponsored Roundabout Research
The new Synchro 10 database platform provides improved speed and stability with upwards of 20-50% increase in speed for some operations. For more information.
The new Synchro 10 database platform provides improved speed and stability with upwards of 20-50% increase in speed for some operations. For more information.
Bringing The Power of Artificial Intelligence AI to Intersections Everywhere
Trafficware and SWIM.AI Launch TidalWave, a Live Streaming Traffic Information Service Using Intelligent Edge Analytics
Trafficware and SWIM.AI, a Silicon Valley edge intelligence software firm, signed a commercial agreement launching TidalWave™, a live streaming traffic information service powered by machine-learning and edge computing. TidalWave was designed using the first of its kind, ‘intelligent edge’ architecture for use by the connected vehicle, smart cities, and ‘Internet of Things’ (IoT) markets, and will lead Trafficware and the ITS market into the next transformative era of technology over the next decade.
For more information.
Trafficware and SWIM.AI Launch TidalWave, a Live Streaming Traffic Information Service Using Intelligent Edge Analytics
Trafficware and SWIM.AI, a Silicon Valley edge intelligence software firm, signed a commercial agreement launching TidalWave™, a live streaming traffic information service powered by machine-learning and edge computing. TidalWave was designed using the first of its kind, ‘intelligent edge’ architecture for use by the connected vehicle, smart cities, and ‘Internet of Things’ (IoT) markets, and will lead Trafficware and the ITS market into the next transformative era of technology over the next decade.
For more information.
Trafficware Delivers Business Intelligence
Industry-leading ATMS central management system fully integrated to Synchro plus SimTraffic
ATMS 2.8 includes cloud-based integration between ATMS and Synchro® plus SimTraffic Signal Timing and Simulation software. The new software incorporates a cloud-based wizard style interface, allowing Agencies using ATMS to share controller database information with Synchro users and for Synchro users to send revised signal timing plans to ATMS. The operator is in complete control of the flow of information. The user views changes recommended by Synchro then determines whether to apply the recommended changes. For traffic engineers, this functionality speeds their ability to manage roadways as they work among two platforms simultaneously. For more information.
Industry-leading ATMS central management system fully integrated to Synchro plus SimTraffic
ATMS 2.8 includes cloud-based integration between ATMS and Synchro® plus SimTraffic Signal Timing and Simulation software. The new software incorporates a cloud-based wizard style interface, allowing Agencies using ATMS to share controller database information with Synchro users and for Synchro users to send revised signal timing plans to ATMS. The operator is in complete control of the flow of information. The user views changes recommended by Synchro then determines whether to apply the recommended changes. For traffic engineers, this functionality speeds their ability to manage roadways as they work among two platforms simultaneously. For more information.
Trafficware, a Cubic Company, continues to design, manufacture and service all of its products within the United States
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