Liz Gannes

Recent Posts by Liz Gannes

NextBus Acquired by Cubic for $20.6M

NextBus, the provider of real-time transit information, was acquired by Cubic Transportation Systems.

NextBusThe companies said the deal was worth $20.6 million, subject to terms of the purchase agreement.

Emeryville, Calif.-based NextBus, which was previously a subsidiary of Webtech Wireless of Canada, provides satellite tracking for more than 100 transit systems, including Los Angeles, Toronto, San Francisco, Washington, D.C., and Boston. In my experience in San Francisco, it’s a useful service, but also a subject of frustration.

San Diego-based Cubic, which makes realistic combat-training systems as well as payment and information systems for transport operators, said it planned to accelerate NextBus growth. The deal was announced on Jan. 24.

Mobile apps for transit have gotten extra attention ever since Apple left transit directions out of its new in-house iOS Maps app. Emerging alternatives include the crowdsourced Moovit, which AllThingsD recently covered.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work