Mergers and Acquisitions (M&A): D-Wave (NYSE: QBTS) to Acquire Quantum Circuits Inc. for $550 Million
Palo Alto, California – D-Wave Quantum Inc. has announced the acquisition of Quantum Circuits Inc (https://quantumcircuits.com/). According to the company announcement D-Wave Quantum Inc. is a pioneering leader in quantum computing systems, software, and services, recognized as the world’s first commercial supplier of quantum computers. The company is uniquely positioned in the industry as the only entity developing both annealing and gate-model quantum computers, aiming to help customers realize the value of quantum technology today. D-Wave’s quantum computers, which are among the world’s largest, feature QPUs with sub-second response times and are accessible both on-premises and through their quantum cloud service, boasting 99.9% availability and uptime. Over 100 organizations rely on D-Wave to tackle complex computational challenges, with more than 200 million problems submitted to their quantum systems for applications in optimization, artificial intelligence, and research. Through its recent agreement to acquire Quantum Circuits Inc., D-Wave is further solidifying its market position by integrating leading error-corrected superconducting gate-model quantum computing technology, with plans to bring superconducting gate-model systems to market in 2026.
To learn more about D-Wave Quantum Inc., visit https://www.dwavequantum.com/
Company LinkedIn Page: https://www.linkedin.com/company/d-wave-quantum/
Company Contact:
D-Wave Quantum Inc.
2650 East Bayshore Road
Palo Alto, CA 94303
650-285-2881
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