Thursday, January 3, 2019

Cubic Buys GRIDSMART For $87M

San Diego-based Cubic Corporation said on Wednesday that it has acquired GRIDSMART Technologies, a developer of video tracking technology for the traffic management market. The deal was worth $87M in cash. GRIDSMART develops video detection technology, which uses image processing, computer vision modeling, and machine learning to track the movement

The story you have requested is only available to paid members of the socalTECH.com web site. Premium articles are restricted to paid members only. Please login in order to access this members-only content, or become a member.