HUB Cyber Security (HUBC) Acquires BlackSwan Technologies

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HUB Cyber Security Acquires BlackSwan Technologies, Delivering Unrivaled AI-Powered Secured Data Fabric Solutions for Financial Institutions Facing Escalating Risks

January 16, 2025 7:50 AM EST

TEL AVIV, Israel, Jan. 16, 2025 (GLOBE NEWSWIRE) -- via IBN HUB Cyber Security Ltd. (NASDAQ: HUBC) (HUB or the Company), a global leader in advanced cybersecurity and data fabric technology, today announced that it has entered into a definitive agreement to acquire BlackSwan Technologies, Inc. (BlackSwan). The transaction is subject to customary closing conditions and is expected to close next week.

This acquisition positions HUB as the dominant player in secured data fabric solutions - a critical shield for banks and financial institutions navigating an increasingly complex regulatory and cybersecurity landscape. The acquisition of BlackSwan Technologies... More