Webtech Wireless sells NextBus to California company for $20.75 million | iNFOnews | Thompson-Okanagan's News Source

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Webtech Wireless sells NextBus to California company for $20.75 million

January 24, 2013 - 10:48 AM

VANCOUVER - Webtech Wireless Inc. (TSX:WEW) says it has closed the sale of its NextBus division to California-based Cubic Corporation (NYSE:CUB) for $20.75 million in cash. NextBus, headquartered in Emeryville, Calif., provides real-time passenger information systems to transit agency customers in the United States and Canada.

News from © The Canadian Press, 2013
The Canadian Press

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