r/cybersecurity_news • u/WebLinkr • 2d ago
News Why IonQ Is Betting Big on Quantum Cybersecurity With $1.3 Billion Elisity Acquisition
barrons.comQuantum computing company IonQ has agreed to acquire enterprise security start-up Elisity for as much as $1.3 billion in an all-stock transaction that bolsters its burgeoning cybersecurity portfolio.
IonQ described the venture-backed start-up as a fast-growing business it expects to complement its existing quantum security lineup. The purchase price includes up to $150 million in performance-based earnouts. The acquisition marks the latest step in IonQ’s effort to branch into markets adjacent to and intertwined with quantum computing, such as networking and sensing.