IonQ to Acquire Oxford Ionics for $1.075 Billion, Integrating Quantum-on-a-Chip Technology into Global Expansion Strategy

IonQ has announced a definitive agreement to acquire Oxford Ionics in a transaction valued at $1.075 billion—$1.065 billion in IonQ stock and $10 million in cash. The deal will unify IonQ’s trapped-ion quantum systems with Oxford Ionics’ high-fidelity ion-trap-on-a-chip technology, manufactured using standard semiconductor processes. Oxford Ionics currently holds world records in gate fidelity and […]

The post IonQ to Acquire Oxford Ionics for $1.075 Billion, Integrating Quantum-on-a-Chip Technology into Global Expansion Strategy appeared first on Quantum Computing Report.