HUB Cyber Security announces the closing of its highly anticipated acquisition of BlackSwan Technologies. HUB believes that the acquisition of BlackSwan will solidify its position as a leading provider of secured data fabric solutions, offering a critical safeguard for banks, financial institutions and other industries navigating an increasingly complex regulatory and cybersecurity environment. The combined operations of HUB and BlackSwan seek to address a market opportunity believed to exceed $12.91 billion, with significant growth anticipated in 2025 and 2026, fueled by rising customer demands and stricter regulatory requirements.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HUBC:
- HUB Cyber Security says transaction process for BlackSwan acquisition ‘on track’
- HUB Security announces receipt of Nasdaq ‘staff delisting notice
- HUB Cyber Security to acquire BlackSwan Technologies in stock-for-stock deal
- HUB Security restructures $7M in secured debt
- HUB Security reports 1H revenue $15.7M vs. $25M last year