GoKawiilIonQ to buy cybersecurity firm Elisity in deal worth up to $1.3 billion
Quantum computing company IonQ announced it will acquire cybersecurity firm Elisity in an all-stock transaction valued up to $1.3 billion, including up to $150 million tied to performance earnouts. The deal, expected to close in the fourth quarter pending regulatory approval, will see Elisity retain its current leadership under CEO James Winebrenner. IonQ shares fell more than 9% following the announcement, with other quantum stocks like Rigetti Computing and D-Wave Quantum also declining.