IonQ agrees to expand security business with Elisity deal worth up to $1.3 billion

First reported by Bloomberg at · Updated · 9 sources

The all-stock acquisition includes up to $150 million in payments tied to Elisity’s future performance. It would expand IonQ’s cybersecurity platform to address AI-assisted attacks and emerging quantum threats, Bloomberg reports, while adding Elisity’s technology for limiting access to only what users need, according to SecurityWeek.

  • HPCwire reports the acquisition combines IonQ’s post-quantum cryptography and quantum key distribution capabilities with Elisity’s offerings.

Covered by 9 publishers within 11 hours of the first report.

Reporting9

Bloomberg IonQ to Buy Elisity for Up to $1.3 Billion to Bolster Cyber Unit · Olivia Solon
Quartz IonQ is buying cybersecurity firm Elisity for up to $1.3 billion · Cris Tolomia
RuntimeWire IonQ agrees to buy cybersecurity company Elisity for up to $1.3B · RuntimeWire Staff
HPCwire IonQ to Acquire Elisity to Accelerate Zero Trust for the Quantum Era · Andrew Jolly
SecurityWeek IonQ to Acquire Zero Trust Firm Elisity for Up to $1.3 Billion · SecurityWeek News
The Next Web IonQ to buy cybersecurity firm Elisity for up to $1.3bn in stock · Cristian Dina
CyberScoop IonQ to buy zero-trust security firm Elisity in deal valued at up to $1.3 billion · Greg Otto
CNBC IonQ to acquire cybersecurity firm Elisity in an all-stock deal for up to $1.3 billion
SiliconANGLE Quantum computer maker IonQ to buy cybersecurity startup Elisity for $1.3B · Maria Deutscher