Business · Updated 12 Oct, 06:05 pm IST
IonQ to acquire cybersecurity firm Elisity in all‑stock deal up to $1.3B
Why it matters for readers: It illustrates how quantum firms are moving into practical security products and buying expertise to prepare for future quantum threats.
- IonQ will acquire Elisity in an all‑stock deal valued at up to $1.3 billion, including up to $150 million in earn‑outs.1
- The number of IonQ shares to be issued will be calculated at a price between $33.07 and $49.61 per share.1
- IonQ said the acquisition will expand channels to bring its quantum offerings to enterprise and government customers and help address current and future quantum threats.1
- Elisity CEO James Winebrenner will continue to lead the acquired business and the transaction is expected to close in Q4 2026 subject to regulatory approval.1
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