IonQ to Buy Cybersecurity Firm Elisity in up to $1.3 Billion Deal
The acquisition adds enterprise network security technology and could help IonQ sell quantum-safe offerings to government and corporate customers.
- On Monday, IonQ Inc. agreed to acquire cybersecurity firm Elisity Inc. in an all-stock deal valued at up to $1.3 billion, expanding its quantum security business to serve enterprise and government customers.
- IonQ CEO Niccolo de Masi cited a White House executive order requiring federal agencies to transition to post-quantum cryptography, warning that "Q-Day is coming much faster than predicted."
- Shares of IonQ sank 9% in morning trading as the all-stock transaction dilutes existing shareholders to fund the acquisition of the Zero Trust security provider.
- Competitors D-Wave Quantum and Rigetti Computing each fell 4%, while The Defiance Quantum ETF declined 1%, reflecting broader sector uncertainty following the announcement.
- The transaction is expected to close in the fourth quarter of 2026, with Elisity CEO James Winebrenner continuing to lead the business following IonQ's earlier acquisition of SkyWater Technology.
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IonQ to buy zero-trust security firm Elisity in deal valued at up to $1.3 billion
IonQ is acquiring zero-trust cybersecurity firm Elisity in an all-stock deal worth up to $1.3 billion to strengthen its post-quantum cryptography offerings as timelines for quantum-ready encryption accelerate.
IonQ Agrees to Buy Elisity for Up to $1.3 Billion - FINCHANNEL
IonQ said on October 12 it had agreed to acquire cybersecurity company Elisity in an all-stock transaction valued at up to $1.3 billion, expanding the NYSE-listed quantum computing company’s security business. The definitive agreement includes up to $150 million in performance-based earnouts. Closing is expected in the fourth quarter of 2026, subject to customary conditions […]
IonQ to buy cybersecurity firm Elisity for up to $1.3bn
IonQ has agreed to buy Elisity in an all-stock deal worth up to $1.3bn. Up to $150mn of that depends on how well Elisity does. The Maryland-based quantum computing company announced the deal on Monday. IonQ wants its security arm to guard against attacks aided by AI and, one day, quantum machines. What Elisity does Founded […] This story continues at The Next Web
Why IonQ Stock Fell 10% Today
Key PointsIonQ agreed to buy Zero Trust security specialist Elisity in an all-stock deal worth up to $1.3 billion.The companies didn’t disclose Elisity’s revenue, leaving investors guessing about Elisity's price tag and valuation multiples.Monday’s drop erased more market value than the entire purchase price.10 stocks we like better than IonQ › Quantum computing company IonQ (NYSE:IONQ) announced a $1.3 billion acquisition on Monday morning. It'…
IonQ Sinks 9% on All-Stock Elisity Deal Worth Up to $1.3B; D-Wave and Rigetti Fall 4%
IonQ just agreed to buy a cybersecurity company using its own shares as currency, and the market is punishing that choice in real time. Whether the deal signals bold strategic vision or costly distraction depends on what happens next.
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