HUB Cyber Security (NASDAQ: HUBC), a developer of confidential computing cybersecurity solutions and advanced data fabric solutions, has formalized the terms of its collaboration with Blackswan Technologies (“BST”), a U.S. enterprise-artificial intelligence (“AI”) vendor. The company had announced the collaboration last year, and following a successful period of working together, HUB Security and BST are moving forward to codevelop and showcase innovative SDF solutions. The company noted that, as part of the partnership agreement, HUB Cyber Security has the exclusive option to acquire BST by August 22, 2025, subject to various conditions.
“We are thrilled to formalize our collaboration with Blackswan Technologies, setting the stage to lead the burgeoning Secured Data Fabric (‘SDF’) market,” said HUB Cyber Security CEO Noah Hershcoviz in the press release. “We anticipate that this partnership will help drive innovation in major financial institutions, and we are already collaborating on a €20 million deal in western Europe. Integrating BST’s advanced data fabric with our security systems is expected to not only enhance our capabilities but also cut data-management costs by over 30% for our clients.”
To view the full press release, visit https://ibn.fm/YGyTB
About HUB Cyber Security Ltd.
HUB Cyber Security was established in 2017 by veterans of the elite intelligence units of the Israeli Defense Forces. The company specializes in unique cybersecurity solutions protecting sensitive commercial and government information. The company debuted an advanced encrypted computing solution to prevent hostile intrusions at the hardware level while introducing a novel set of data-theft prevention solutions. HUB Security operates in more than 30 countries and provides innovative cybersecurity computing appliances, as well as a wide range of cybersecurity services worldwide. For more information about the company, please visit www.HUBSecurity.com.
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