📅 - Global quantum computing company IonQ (NYSE: IONQ) has reached a definitive agreement to acquire nearly all operational assets of Qubitekk, a California-based company specializing in quantum networking technology. This strategic move will bring Qubitekks team and expertise under IonQs umbrella, reinforcing IonQs competitive position in the burgeoning quantum networking market.
Subject to certain closing conditions, IonQ anticipates finalizing the acquisition within six months, bolstering its technical capabilities and potentially accelerating its market expansion in quantum networking. Financial terms of this acquisition were not disclosed.
Quantum networks are expected to evolve into [...][... Check source for end of article ...]
Tags: Quantum Computing
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