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IonQ to Buy Elisity in $1.3 Billion Acquisition

StoneX analyst Gary Mobley says the acquisition reflects IonQ's ambition to span the quantum technology stack and could help it provide quantum-specific cybersecurity.

IONQ

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06:11:10 PM UTC
SquawkNews
IonQ NYSE:IONQ, the quantum computing company, agreed to buy Elisity in an all-stock deal valued at up to $1.3 billion, including up to $150 million in earnouts tied to Elisity's performance. Elisity sells Zero Trust network security, which sets access rules for users, devices, workloads and AI age…

3 billion deal to buy cybersecurity firm Elisity, shows the quantum computing company is seeking to have a hand in the full quantum tech stack, StoneX analyst Gary Mobley says in a note. He believes the deal will help IonQ provide quantum-specific cybersecurity measu…