How much did Cubic Telecom sell for?
Japanese giant SoftBank has paid €473 million for a controlling stake in Irish technology company Cubic Telecom, in a deal that will net the company’s founders and its private backers a multimillion-euro payout. We advised Cubic Telecom on Softbank’s investment of approximately €473 million in Cubic Telecom at a valuation of over €900 million.SoftBank Corp. TOKYO: 9434, “SoftBank”) today announced that Cubic Telecom Ltd. Cubic Telecom”), a leading global provider of software-defined connected vehicle (SDCV) * solutions headquartered in Dublin, became a subsidiary on March 6, 2024, with its acquisition of a 51.
What is the revenue of Cubic Telecom?
Latest accounts for Cubic Telecom Ltd show it made an after-tax loss of €6. December 2022. This compared with a loss of €5. The accounts for the company show that turnover rose last year to €66. Its operating loss, before interest, was €7.
Is Cubic a good company?
The Cubic employee rating is in line with the average (within 1 standard deviation) for employers within the Aerospace and defence industry (3. Cubic has an employee rating of 3. Glassdoor which indicates that most employees have an average working experience there.