Add-on Acquisition • Electronics

Quantum Machines Acquires QDevil

On March 30, 2022, Quantum Machines acquired electronics company QDevil

Acquisition Context

This is Quantum Machines’ 1st transaction in the Electronics sector.
This is Quantum Machines’ 1st transaction in Denmark.

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M&A Deal Summary
Date	March 30, 2022
Target	QDevil
Sector	Electronics
Buyer(s)	Quantum Machines
Deal Type	Add-on Acquisition

Target Company

QDevil

København, Denmark

QDevil is an international quantum technology company focused on developing and manufacturing auxiliary electronics and specialized components, operating from mK to room temperature. QDevil was founded in 2016 and is based in København, Denmark.

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Buyer Overview 1

Buyer

Quantum Machines

Tel Aviv, Israel

Category	Company
Founded	2018
Sector	Technology Hardware

DESCRIPTION

Quantum Machines creator of universal quantum computing cloud infrastructure. The full-stack hardware and software platform is capable of running even the most complex algorithms right out of the box, including quantum error correction, multi-qubit calibration, and more. Quantum Machines was founded in 2018 and is based in Tel Aviv, Israel.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Electronics	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Denmark	1 of 1
Year: 2022	1 of 1

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