Intel's $2.3 Billion Bet on Quantum Computing: The Classiq Acquisition Explained

10/26/2026

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.

10/26/2026

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...

10/26/2026

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...

10/26/2026

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...