M&A Deal Summary

IonQ Acquires Oxford Ionics

On June 9, 2025, IonQ acquired technology hardware company Oxford Ionics for 1.1B USD

Acquisition Highlights
  • This is IonQ’s 1st transaction in the Technology Hardware sector.
  • This is IonQ’s largest (disclosed) transaction.
  • This is IonQ’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2025-06-09
Target Oxford Ionics
Sector Technology Hardware
Buyer(s) IonQ
Deal Type Add-on Acquisition
Deal Value 1.1B USD
Advisor(s) Morgan Stanley (Financial)
Hogan Lovells (Legal)

Target

Oxford Ionics

Oxford, United Kingdom
Oxford Ionics delivers innovations to create powerful, accurate, and reliable quantum computers. The company rapidly commercialized its technology, selling full-stack quantum computers to the UK’s National Quantum Computing Centre (NQCC) and Germany’s Cyberagentur. Oxford Ionics was formed in 2019 and is based in Oxford, United Kingdom.

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Buyer(S) 1

Buyer

IonQ

College Park, Maryland, United States

Category Company
Founded 2015
Sector Technology Hardware
Employees407
Revenue 43M USD (2024)
DESCRIPTION

IonQ develops and manufactures quantum computers using trapped ion qubits, which are atoms suspended in electromagnetic fields and manipulated with lasers to perform quantum calculations. IonQ was founded in 2015 and is based in College Park, Maryland.


DEAL STATS #
Overall 4 of 7
Sector: Technology Hardware M&A 1 of 2
Type: Add-on Acquisition M&A Deals 4 of 7
Country: United Kingdom M&A 1 of 1
Year: 2025 M&A 3 of 6
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-03 Lightsynq

Brighton, Massachusetts, United States

Lightsynq specializes in photonic interconnects and quantum memory. Lightsynq’s photonic interconnect platform supports high-fidelity, multi-nodal qubit operations and modularity, which are essential for scaling quantum computers. Lightsynq is based in Brighton, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-15 Capella Space

San Francisco, California, United States

Capella Space is an American space technology company offering synthetic aperture radar (SAR) and satellite solutions for government and commercial applications. Capella Space was founded in 2016 and is based in San Francisco, California.

Buy -