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Quantum computing firm IonQ to acquire UK-based Oxford Ionics for $1 billion

Quantum computing firm IonQ to acquire UK-based Oxford Ionics for $1 billion

Time of India2 days ago

IonQ
will acquire British
quantum
computing startup
Oxford Ionics
for $1.075 billion, the Maryland-based quantum computing firm said on Monday.
Oxford Ionics' founders Chris Ballance and Tom Harty will remain with IonQ after the acquisition is completed, the company said.
In May, IonQ acquired Boston-based
startup
Lightsynq, which specializes in photonic interconnects and quantum memory.
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