.png)
5 hours ago
3
By Reuters
June 9, 20258:41 AM UTCUpdated ago
Niccolo de Masi, CEO and President of IonQ, Inc, rings the Closing Bell at the New York Stock Exchange (NYSE) in New York City, U.S., April 14, 2025. REUTERS/Brendan McDermid/File Photo Purchase Licensing Rights, opens new tab
June 9 (Reuters) - IonQ
(IONQ.N), opens new tabwill acquire British quantum computing startup Oxford Ionics for $1.075 billion, the Maryland-based quantum computing firm said on Monday.
Oxford Ionics' founders Chris Ballance and Tom Harty will remain with IonQ after the acquisition is completed, the company said.
Sign up here.
In May, IonQ acquired Boston-based startup Lightsynq, which specializes in photonic interconnects and quantum memory.
Reporting by Rishabh Jaiswal in Bengaluru; Editing by Janane Venkatraman
Our Standards: The Thomson Reuters Trust Principles., opens new tab
