Cubic Acquires MotionDSP

Strenghtens Company’s Public Safety Offerings

On 22 February Cubic Corporation announced the acquisition of Silicon Valley-based MotionDSP, a leading provider of advanced image processing software for public safety, security and government applications. The acquisition further enhances Cubic Mission Solutions’ (CMS) capabilities in real-time video processing.

MotionDSP enhances the quality of real-time videos, while servicing a wide variety of industries including military and law enforcement. Its solutions include a full suite of software processing capabilities for video and redaction, supporting both desktop and cloud deployments: the software leverages advanced detection, tracking and geospatial processing capabilities to help users better understand their videos and the solutions improve visual fidelity and automation of tasks with computer vision algorithms.

MotionDSP will be a synergistic addition to our CMS business as we continue to build on our strategy through business acquisitions for maximum growth and return to our shareholders,” commented Cubic Corporation’s President & CEO, Bradley H. Feldmann.

The addition of MotionDSP’s technology will enrich our solution offering [and] we look forward to leveraging MotionDSP’s position in Public Safety and other markets as new growth adjacencies for Cubic,” added CMS Prsident, Mike Twyman.

 

Publish date

02/23/2018

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