HUB Cyber Security Acquires QPoint Technologies

April 4, 2024

HUB Cyber Security Ltd (Nasdaq: HUBC) completed a cash acquisition of QPoint Technologies, taking full ownership of the company to advance HUB's secure data fabric ecosystem. QPoint — an Israel-based provider of software engineering, testing, ICT and cybersecurity services with FY23 revenue of about $26 million and 100+ customers including Rafael and the Israel Airport Authority — will expand HUB's capabilities and cross-selling opportunities across government, defense, healthcare and financial end markets.

Buyers
HUB Cyber Security Ltd
Targets
QPoint Technologies
Industry
IT Services
Location
Israel
Transaction Type
Buyout

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