Intel agrees to acquire Classiq to expand its quantum computing business

The acquisition would combine Classiq's quantum algorithm platform with Intel's silicon-based quantum hardware and manufacturing capabilities, according to DigiTimes. Reports differ on the price: CTech puts the cash-and-stock transaction at $2.3 billion, while SiliconANGLE reports $2.2 billion. RuntimeWire says Intel did not disclose the price and expects completion in the first half of 2027.

Covered by 5 publishers within 6 hours of the first report.

• CTech: Intel to acquire Israeli quantum startup Classiq for $2.3 billion

Reporting5

BL Bloomberg Intel to Acquire Startup Classiq in Quantum Computing Push · Ian King 4:01 PM

CTE CTech Intel to acquire Israeli quantum startup Classiq for $2.3 billion 4:06 PM

RTW RuntimeWire Intel agrees to buy Classiq and add quantum software to its chip stack · RuntimeWire Staff 5:18 PM

SA SiliconANGLE Intel buys quantum software pioneer Classiq for $2.2B · Mike Wheatley 9:40 PM

DT DigiTimes Intel to acquire quantum computing software firm Classiq · DIGITIMES 10:09 PM

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Topics IntelQuantum computing