Jaguar8 commented on a stock · Aug 22 07:40

NEWS

HUB Security Formalizes Collaboration with Blackswan Technologies to Lead the Rapidly Growing Secured Data Fabric (SDF) Multi-Billion Dollar Market

HUB Security (NASDAQ: HUBC) has formalized its collaboration with Blackswan Technologies (BST) to lead the Secured Data Fabric (SDF) market.

Key points include:
▪️HUB has an exclusive option to acquire BST by August 22, 2025

▪️The partnership focuses on co-developing and showcasing innovative SDF solutions

▪️Current collaboration involves a €20 million deal with Western European banks

▪️Integration of BST's data fabric with HUB's security systems aims to reduce data management and security costs by over 30% for large financial institutions and government entities

▪️The solution eliminates costly ETL and unnecessary data-lake expenses
This partnership is expected to drive innovation in major financial institutions and enhance overall security capabilities in the rapidly growing SDF market.

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Jaguar8

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