M&A Deal Summary

IonQ Acquires Qubitekk

On November 6, 2024, IonQ acquired information technology company Qubitekk

Acquisition Highlights
  • This is IonQ’s 1st transaction in the Information Technology sector.
  • This is IonQ’s 1st transaction in the United States.
  • This is IonQ’s 1st transaction in California.

M&A Deal Summary
Date 2024-11-06
Target Qubitekk
Sector Information Technology
Buyer(s) IonQ
Deal Type Add-on Acquisition

Target

Qubitekk

Vista, California, United States
Qubitekk designs, builds, and integrates the hardware and software for quantum networks, precursors to the quantum-enabled internet, while championing the growth of a robust quantum ecosystem through education, advocacy, and collaboration. Qubitekk was founded in 2012 and is based in Vista, California.

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Buyer(S) 1

Buyer

IonQ

College Park, Maryland, United States
Category Company
Founded 2015
Sector Technology Hardware
Employees324
Revenue 22M USD (2023)
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 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

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