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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