PANews, citing market reports, says that Intel plans to spend approximately 2300000000 USD to acquire a quantum startup Classiq, and no formal announcement from either party to the transaction has yet been seen.
Intel has agreed to acquire Israeli quantum computing startup Classiq. The transaction price was not disclosed, and completion is expected in the first half of 2027 year. After the acquisition, Classiq will continue developing software compatible with multiple types of quantum hardware.
