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IonQ's Acquisition of Elisity
IonQ is acquiring cybersecurity startup Elisity for $1.3 billion in an all-stock deal, marking a diversification move for the publicly traded quantum computing company.
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Quantum computer maker IonQ Inc. announced plans to acquire cybersecurity startup Elisity Inc. for $1.3 billion, including $150 million in performance incentives contingent on Elisity meeting business milestones. The all-stock deal is expected to close by year's end. IonQ's flagship product is a 256-qubit quantum computer (SiliconANGLE, October 12).