HUB Cyber Security Acquires QPoint Technologies
DENVER, Colo., Apr 04, 2024 (247marketnews.com)- HUB Cyber Security Ltd (NASDAQ:HUBC) acquired Qpoint Technologies in a cash transaction, in a move that strengthens HUB’s goal to establish a leading global secure data fabric ecosystem.
Noah Hershcoviz, CEO of HUB, said, “Acquiring QPoint is not just a transaction; it’s a strategic move deeply embedded in our long-term vision. Completing the acquisition of QPoint now is part of our strategy aimed at fortifying our cybersecurity infrastructure, enhancing our operational resilience, and ultimately increasing shareholder value. This integration marks a pivotal moment in our journey towards establishing a more comprehensive cybersecurity framework and underscores our commitment to our mission and to our shareholders.”
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