M&A Deal Summary |
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Date | 2024-07-11 |
Target | PlanQK |
Sector | Information Technology |
Buyer(s) | Kipu Quantum |
Deal Type | Add-on Acquisition |
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Kipu Quantum is a quantum software company that operates at the intersection of quantum computer hardware and application software layers, developing disruptive application- and hardware-specific quantum algorithms for a wide range of industries. These algorithms are based on a one-of-a-kind compression technology that requires orders of magnitude less quantum processor resources to solve a given problem than comparable approaches. Kipu Quantum was formed in 2021 and is headquartered in Karlsruhe, Germany.
DEAL STATS | # |
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Overall | 1 of 1 |
Sector (Information Technology) | 1 of 1 |
Type (Add-on Acquisition) | 1 of 1 |
Country (Germany) | 1 of 1 |
Year (2024) | 1 of 1 |