11/9/2023 0 Comments Pixia corp![]() The ability to provide travelers with the benefits of electronic ticketing, To quickly launch the platform at a lower implementation and operating cost.ĭelerrok’s solution offers a full suite of ticketing options, giving agencies Offers automatic fare collection as a subscription service, enabling agencies More than 70 percent of transit agencies in North America are dependent “Joining withĬubic allows us to take TouchPass to the next level.” Through TouchPass, our cloud-based fare-collection-as-a-service offering,” saidīob Hamilton, president and chief executive officer of Delerrok. “Being recognized by Cubic, the world leader in large-scale,Īccount-based fare collection systems, is validation of our mission to make theįeatures of big-city fare systems accessible to small- and mid-sized agencies “We are pleased to welcome both Delerrok and PIXIA to our Cubic family and look forward to accelerating our key growth priorities in our NextCity TM and NextMission TM strategies.” “With Delerrok, we will deliver full-featured electronic fare collection benefits to small- and mid-market transportation customers and with PIXIA’s proven track record of supporting the defense and intelligence community with managing geospatial data, we will further strengthen our C2ISR business,” said Bradley Feldmann, chairman, president and chief executive officer of Cubic Corporation. Strategy to provide information to the edge of the battlefield. Reconnaissance (C2ISR) digital platform and further enables real-time, cloud ![]() PIXIA enhances Cubic’s Command and Control, Intelligence, Surveillance and Of payment, mobile and real-time information solutions at an affordable price. ![]() Transit-Management-as-a-Service (TMaaS) platform to deliver a comprehensive set As announced on November 20, 2019, the combined transactions are included in our guidance for fiscal year 2020 and are expected to contribute approximately $40 million in Sales, $15 million of Adjusted EBITDA and add approximately $0.20 to Adjusted EPS for fiscal year 2020.Ĭubic leverages Delerrok’s TouchPass platform in combination with its Cubic had paid $50 million to purchase the initial 20 percent of the outstanding capital stock of PIXIA, representing a multiple of less than 11 times on full calendar year 2020 Adjusted EBITDA. Additionally, Cubic acquired the remaining 80 percent of the outstanding equity of PIXIA for $200 million. The transaction is expected to be neutral to Adjusted EPS by fiscal year 2021 and accretive beginning fiscal year 2022. In prior fiscal years, Cubic paid $6.5 million to purchase the initial 17.5 percent of Delerrok’s outstanding equity. © 2023 USPTO.San Diego, CA-based Cubic Corporation announced on January 6 the completion of the acquisitions of Delerrok, a provider of a cloud-hosted, multi-agency fare collection platform for small- to mid-sized transit operators, and PIXIA, a provider of high performance, cloud-based solutions to manage and access massive amounts of imagery data.Ĭubic acquired the remaining 82.5 percent of Delerrok’s outstanding equity for $36.4 million. Any reliance you place on such information is therefore strictly at your own risk.Īll official trademark data, including owner information, should be verified by visiting the official USPTO website at This site is not intended to replace professional legal advice and should not be used as a substitute for consulting with a legal professional who is knowledgeable about trademark law. The use of this site is at your own risk. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, reliability, or suitability of the information displayed on this site. The information provided by uspto.report is based on publicly available data at the time of writing and is intended for informational purposes only. Uspto.report is an independent third-party trademark research tool that is not affiliated, endorsed, or sponsored by the United States Patent and Trademark Office (USPTO) or any other governmental organization. Status: New application will be assigned to an examining attorney approximately 3 months after filing date. (Electrical and scientific apparatus) Scientific, nautical, surveying, electric, photographic, cinematographic, optical, weighing, measuring, signaling, checking (supervision), lifesaving and teaching apparatus and instruments apparatus for recording, transmission or reproduction of sound or images magnetic data carriers, recording discs automatic vending machines and mechanisms for coin operated apparatus cash registers, calculating machines, data processing equipment and computers fire-extinguishing apparatus. ![]() ResearchĮlectrical Apparatus, Machines and SuppliesĬutlery, Machinery, Tools and Parts Thereof The trademark application has been accepted by the Office (has met the minimum filing requirements) and has not yet been assigned to an examiner. ![]()
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