From Dealroom · · 40s
IonQ Buys Elisity for Cybersecurity Expansion
Quantum computing firm IonQ acquires cybersecurity startup Elisity for up to $1.3 billion to boost quantum threat defenses.
In brief
Quantum computing firm IonQ acquires cybersecurity startup Elisity for up to $1.3 billion to boost quantum threat defenses. IonQ will buy Elisity for up to $1.3 billion in an all-stock deal to expand its cybersecurity platform against AI and quantum threats. Originally reported by Dealroom.
IonQ Agrees to Buy Elisity
Quantum computing firm IonQ has agreed to buy cybersecurity company Elisity for as much as $1.3 billion in an all-stock transaction.
Expanding Cybersecurity Platform
The move expands IonQ's cybersecurity platform to protect against artificial intelligence-assisted dangers and emerging quantum threats.
Why Now for Quantum Threats
As quantum computing matures, buying Elisity gives IonQ a foothold in defending against threats before they become widespread.
The key point
IonQ will buy Elisity for up to $1.3 billion in an all-stock deal to expand its cybersecurity platform against AI and quantum threats.
