Intel Agrees to Buy Quantum Software Startup Classiq in a Deal Reported at 2.3 Billion Dollars
Intel said on Monday that it has entered into a definitive agreement to acquire Classiq, an Israeli startup that makes software for building quantum computing programs, in a move that would turn the chipmaker's long-running quantum research effort into a full-stack business spanning hardware and code. Intel said combining Classiq's synthesis platform with its own spin-qubit manufacturing and existing software would create a user-friendly platform aimed at moving quantum computing toward the mainstream.