
Cubic Corp. [CUB] on Monday said it has completed the acquisition of the imagery management system company PIXIA, spending $250 million total for the company that provides cloud-based solutions for managing and accessing vast amounts of wide area motion imagery. Cubic last June initially acquired a 20 percent stake in Virginia-based PIXIA for $50 million and then in November said it had agreed to acquire the remaining stake in the company for an additional $200 million. Cubic said the acquisition…