US defence electronics supplier Cubic Corporation announced on 22 February that it had acquired MotionDSP, a Silicon Valley-based specialist in image processing technologies.
The purchase of the company, whose offerings include products that allow the enhancement and augmentation of live video feeds, was described by Cubic as a strengthening of its existing C4ISR business.
Bradley H Feldmann, chairman, president, and CEO of Cubic Corporation said, “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.”
Terms of the acquisition were not disclosed.
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