HUB Cyber Security Acquires BlackSwan Technologies, Delivering Unrivaled AI-Powered Secured Data Fabric Solutions for Financial Institutions Facing Escalating Risks
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HUB Cyber Security Ltd. (NASDAQ: HUBC) has announced a definitive agreement to acquire BlackSwan Technologies, enhancing its AI-powered secured data fabric solutions for financial institutions. The acquisition is expected to close next week, pending customary conditions.
January 16, 2025 | 1:00 pm
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HUB Cyber Security Ltd. is acquiring BlackSwan Technologies to enhance its AI-powered secured data solutions for financial institutions. The acquisition is expected to close next week.
The acquisition of BlackSwan Technologies by HUB Cyber Security is likely to enhance HUBC's product offerings, particularly in AI-powered secured data solutions. This strategic move could positively impact HUBC's market position and financial performance, leading to a potential short-term increase in stock price.
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