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IonQ to Buy Elisity for Up to $1.3 Billion to Bolster Cyber Unit

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Cybersecurity IonQ to Buy Elisity for Up to $1.3 Billion to Bolster Cyber Unit Quantum computing firm IonQ Inc. has agreed to buy Elisity Inc. for as much as $1.3 billion in an all-stock transaction in a bid to expand its cybersecurity platform to protect against artificial intelligence-assisted dangers and emerging quantum threats. Elisity is a fast-growing enterprise security business and will add to IonQ’s expanding quantum security offerings, Maryland-based IonQ said in a statement on...

Cybersecurity IonQ to Buy Elisity for Up to $1.3 Billion to Bolster Cyber Unit Quantum computing firm IonQ Inc. has agreed to buy Elisity Inc. for as much as $1.3 billion in an all-stock transaction in a bid to expand its cybersecurity platform to protect against artificial intelligence-assisted dangers and emerging quantum threats. Elisity is a fast-growing enterprise security business and will add to IonQ’s expanding quantum security offerings, Maryland-based IonQ said in a statement on Monday. The price includes as much as $150 million in performance-based earnouts.
Bolster Cyber Unit (ORG) Bolster Cyber (ORG) Quantum (ORG) IonQ Inc. (ORG) Elisity Inc. (ORG) Elisity (ORG) Maryland (LOCATION) IonQ (ORG)
Originally published by Bloomberg Technology Read original →