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Intel Plans $2.3 Billion Acquisition of Quantum Software Company Classiq

Intel is planning to acquire Israeli quantum software company Classiq in a transaction valued at approximately $2.3 billion.

INTC

Intel Corp. (INTC, Financials), the semiconductor company, is making a major push into quantum computing with its planned acquisition of Israeli software company Classiq.Approximate market value of the transaction is $2.3 billion. Classiq creates software that allows businesses to create quantum ap…