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IonQ buys UK quantum startup Oxford Ionics for more than $1 billion
IONQIonQ(IONQ) CNBC· CNBC·2025-06-09 14:12

IonQ is buying United Kingdom-based quantum computing startup Oxford Ionics in a deal valued at nearly $1.1 billion.Shares gained about 4%.The companies said in a release that the deal will combine IonQ's quantum computing hardware and software knowledge with Oxford Ionics' semiconductor chip technologies. The company aims to deliver breakthroughs in the field and capitalize on growing revenue opportunities."We believe the advantages of our combined technologies will set a new standard within quantum comput ...