Reported about 5 hours ago
IonQ has announced its acquisition of UK-based Oxford Ionics for $1.08 billion, aiming to strengthen its research capabilities in quantum computing. The deal, which is anticipated to close this year, aligns with the growing interest and investment in quantum technology. Oxford Ionics specializes in innovative qubit control methods, vital to quantum computing advancements. The acquisition is expected to further establish IonQ's position in the evolving landscape of quantum technologies, which hold significant potential for various industries.
Source: YAHOO