Mount Rainier Acquisition Corp (RNER) to Combine with HUB Security in $1.2B Deal

Mount Rainier (NASDAQ:RNER) has entered into a definitive agreement to acquire confidential computing developer HUB Cyber Security Israel at a pro forma enterprise value of approximately $1.28 billion. The Tel Aviv-based company, founded by veterans of Israeli intelligence units, develops and markets computing solutions and services that aim to disrupt cybersecurity for enterprises and governments
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