IonQ Acquires IDQ to Advance Quantum Networking and Security




📅 - IonQ has announced the acquisition of a majority stake in ID Quantique (IDQ), a global provider of quantum-secure networking and sensing, through a definitive agreement with SK Telecom and IDQ. The acquisition, which integrates IDQ's expertise and growing quantum networking business into IonQs expanding quantum ecosystem, would further strengthen IonQs position in next-generation secure communications.

IDQ operates in Geneva, Switzerland, with offices in Seoul, South Korea; Vienna, Austria; and Boston, USA.

As part of the deal, IonQ will issue common shares as transaction consideration. Upon completion, the acquisition will bring IonQs total portfolio of issued and pending patents to [...][... Check source for end of article ...]
Tags: Quantum Computing

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