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Cubic Acquires MotionDSP To Bolster C4ISR Business

Cal Biesecker By
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Cubic Acquires MotionDSP To Bolster C4ISR Business
MotionDSP's software capabilities include video enhancement. Photo: MotionDSP

Cubic Corp. [CUB] on Thursday said it has acquired the motion video processing company MotionDSP to strengthen its capabilities in the C4ISR area.Terms of the deal were not disclosed. Cubic said in a regulatory filing that it originally acquired a 49 percent stake in MotionDSP on Oct. 31, 2017, for $4.7 million.MotionDSP, which is based in Silicon Valley, has image processing capabilities in two-dimensional mapping, detection and tracking, video enhancement, and video redaction. Cubic said the deal will expand the…

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