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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Apr. 19, 5:18 PM

This Slide: #94 of 100

Slide #94. HUB Cyber Security Ltd — Qpoint Technologies

Acquirer: HUB Cyber Security Ltd (NASDAQ:HUBC)
Acquiree: Qpoint Technologies
Details: HUB Cyber Security Ltd (Nasdaq: HUBC), a developer of confidential computing cybersecurity solutions and services ("HUB" or the "Company"), is pleased to announce the successful acquisition for cash of Qpoint Technologies ("Qpoint"). Following this acquisition HUB holds 100% of QPoint. This acquisition is strategically aligned with HUB's mission to establish a leading global secure data fabric ecosystem. QPoint, boasting a diverse customer base of over 100 renowned brand clients, including partnerships with Rafael Advanced Defense Systems, the developer of the "Iron Dome", the Israel Airport Authority and the Ministry of Defense of Israel.

HUB Cyber Security through HUB Cyber Security (Israel) Ltd. focuses on cyber security solutions protecting commercial and government information. Co. is engaged in developing and marketing management software tools and solutions. Co.'s software tools allow their users to scientifically predict system failures and prevent them during the design stage. In addition, Co. provides management training courses and provides software testing consulting and outsourcing services. Co.'s primary customers are organizations and institutions operating in the security, electronics, aviation, telecommunications, banking and other sectors in Israel and worldwide.

Open the HUBC Page at The Online Investor »

HUBC — Key Stats (updated 4 hours, 18 minutes ago)
Company Name:  Hub Cyber Security Ltd
Website:  www.hubsecurity.com
Sector:  Computers
 

Open the HUBC Page at The Online Investor (in a new window) »
April 19, 2024  •  5:18 PM Eastern
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