The Israeli startup would also add quantum processors to Intel's lineup, which already includes central processing units and graphics processors. Intel said it plans to keep Classiq's software...
Acquisition of Israeli quantum firm will allow Intel to become a "full-stack quantum solutions provider," chipmaker said
Intel has entered into a definitive agreement to acquire Classiq, a quantum computing software company, in a move aimed at combining Classiq's quantum algorithm synthesis platform with Intel's...
Classiq has raised more than US$200 million and has about 130 employees.
The deal, expected to close in the first half of 2027 pending regulatory approvals, would add quantum processors to Intel's chip lineup
Intel has agreed to acquire the Israeli quantum-software startup for $2.3 billion, betting that its technology can help turn decades of quantum research into a commercial business. CEO Nir Minerbi...
Intel Corporation today announced that it has entered into a definitive agreement to acquire Classiq, a leading provider of quantum computing software. The combination of Classiq's synthesis...
The Intel chief invested in the Israeli quantum software startup before taking the helm at the chipmaker and has since described it as a potential "next Cadence." Sources close to Classiq say Tan...
Intel has repeatedly struggled to turn acquisitions into lasting competitive advantages. The Israeli quantum software company offers a chance to establish a position in a computing market whose...
Intel has agreed to buy Classiq, an Israeli startup that makes software for programming quantum computers.The chipmaker announced the deal on Monday without giving a price, but it is worth about...
Intel has agreed to acquire Israeli quantum computing software company Classiq for about $2.3 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter.
The deal marks a record acquisition in the quantum computing industry and a major exit for Israel’s tech sector, with Classiq’s founders, employees and early investors poised for substantial returns.
Nir Minerbi, Amir Naveh and Yehuda Naveh are each expected to receive $80 million to $100 million from the acquisition, while Entrée Capital stands to collect more than $300 million on an...
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