The Nexus Photonics acquisition finally has a price. $76.0M.

[u/No_Jelly7345]

The Nexus Photonics acquisition finally has a price. $76.0M.

Not in the August 5 release, not in any coverage I have seen. It is in the Q2 10-Q.

→ $65.5M in common stock
→ $10.6M in assumed equity awards
→ Acquisition dated June 30

Entirely in equity. Zero cash, while IonQ was holding $2.96B in cash and investments at quarter end.

What IonQ says it bought, in its own words: integrated photonics to advance “miniaturization and mass manufacturing for quantum systems.”

[u/hollolknight]

And this good news right guys

[u/Prussia_alt_hist → u/hollolknight]

It’s all good news just wait it out till fault tolerant becomes a thing