Cubic completed the acquisition of an 80% stake in PIXIA for $200m.

Cubic, a provider of cloud-hosted services, completed the acquisition of an 80% stake in PIXIA, a software solutions provider for $200m. “We are honored and excited to join the Cubic team. We will continue to offer our customers the highest standard of commercial software for data management and dissemination and will now be able to vastly expand that offering by integrating Cubic’s state of the art software and hardware capabilities to provide more end-to-end solutions. I cannot think of another company that would be more synergistic to what we have created over the past two decades," Rudi Ernst, PIXIA CEO.