Intel agrees to acquire Classiq Technologies in quantum software deal
Quantum computing software provider Classiq Technologies would join Intel, combining its synthesis platform with Intel's spin-qubit manufacturing and software.
Intel has signed a definitive agreement to acquire Classiq Technologies Ltd, a quantum computing software provider, according to a press release issued by law firm Hogan Lovells Cadwalader, which advised Intel on the deal.
The companies say the combination would create a full-stack quantum computing platform, pairing Classiq's software synthesis platform with Intel's spin-qubit manufacturing and existing software. Intel said it would be able to add quantum processing units to its portfolio of CPUs, GPUs and ASICs.
Financial terms were not disclosed.
Deal facts
- Target
- Classiq Technologies
- Business
- Quantum computing software provider whose synthesis platform is designed to work with Intel's spin-qubit manufacturing and software.
- Buyer
- Intel Corporation
- Deal type
- Strategic
- Status
- Announced, not yet closed
- Announced
- Monday, October 26, 2026
Sources
- The Quantum InsiderOct 28, 2026
Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.