HUB Cyber Security Completes Acquisition of BlackSwan Technologies to Drive AI-Powered Data Solutions for Global Enterprises

Core Insights - HUB Cyber Security Ltd. has successfully completed the acquisition of BlackSwan Technologies, positioning itself to leverage a projected market opportunity exceeding $12.91 billion by 2032, focusing on advanced security, compliance, and regulatory technologies for banks, fintechs, and governments worldwide [1][2]. Company Overview - HUB Cyber Security Ltd. specializes in advanced cybersecurity solutions, protecting sensitive commercial and government information, and operates in over 30 countries [5]. - The company was founded in 2017 by veterans of the Israeli Defense Forces and offers encrypted computing technologies and data theft prevention solutions [5]. Acquisition Details - The acquisition of BlackSwan is expected to enhance HUB's capabilities in secured data fabric solutions, addressing the growing regulatory and cybersecurity demands faced by financial institutions [2][4]. - BlackSwan's solutions are already trusted by major global banks, fintech firms, and governments, and the two companies have been collaborating for six months to secure new contracts in regulatory technology [3]. Financial Projections - HUB anticipates significant revenue growth from the combined operations, projecting additional bookings of over $25 million in 2025, driven by new customer acquisitions and operational synergies [4].