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Intel to Acquire Classiq to Create a Full-Stack Quantum Computing Platform
The deal would make Classiq Intel’s global quantum development center and give the chipmaker a full-stack platform for hardware, software and manufacturing.
- On Monday, October 26, 2026, Intel Corporation announced a definitive agreement to acquire Tel Aviv-based Classiq for $2.2 billion, marking the largest acquisition in quantum computing history.
- The acquisition transforms Intel into a full-stack quantum computing business by combining Classiq's automated algorithm synthesis platform with Intel's semiconductor manufacturing expertise and silicon spin-qubit technology.
- Described as the 'Microsoft of the quantum world,' Classiq provides a hardware-agnostic operating system used by commercial clients including BMW, Citibank, and Rolls Royce to develop quantum applications.
- While this deal is record-breaking, Intel has a mixed history with Israeli tech acquisitions, including the $15.3 billion Mobileye purchase and the subsequent shutdown of Granulate after failed integration.
- Intel anticipates closing the transaction in the first half of 2027, subject to regulatory approvals and customary closing conditions as the company pursues its quantum computing expansion.
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Intel to Acquire Classiq to Expand Quantum Computing Hardware and Software Capabilities
Intel Corporation (Nasdaq: INTC) has entered into a definitive agreement to acquire Classiq, an Israel-based quantum computing software company, as... The post Intel to Acquire Classiq to Expand Quantum Computing Hardware and Software Capabilities appeared first on citybiz.
Economy: Intel announced the purchase of the Israeli company Classik, which is developing software for quantum computers.
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