D-Wave Finalizes $550 Million Acquisition of Quantum Circuits to Accelerate Dual-Platform Roadmap

D-Wave Quantum Inc. (NYSE: QBTS) has completed its acquisition of Quantum Circuits Inc., a move designed to transform the company into the world’s only “dual-platform” quantum provider. The transaction, valued at approximately $550 million (consisting of $300 million in common stock and $250 million in cash), integrates D-Wave’s market-leading annealing technology with Quantum Circuits’ specialized […]

The post D-Wave Finalizes $550 Million Acquisition of Quantum Circuits to Accelerate Dual-Platform Roadmap appeared first on Quantum Computing Report.