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Business/Financial

Cubic Acquires Virtual Simulation And Technology Firm Intific

By Cal Biesecker

Wednesday, March 5th, 2014

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Cubic Acquires Virtual Simulation And Technology Firm Intific

Intific simulation. Photo: Cubic

Cubic Corp. [CUB] on Monday said it has acquired the software technology company Intific, Inc., strengthening its capabilities in virtual simulation and advance research. Terms of the deal were not disclosed. Texas-based Intific had about $14 million in sales last year and has 80 employees. Intific has wide ranging expertise in simulation, animation, human-machine interaction, robotics, neuroscience, education, visualization, gaming, artificial intelligence, and networking. Cubic said the acquisition enables it to “broaden its presence in a variety of adjacent businesses…

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