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What does IonQ's record-breaking acquisition of Oxford Ionics mean for quantum computing?

Summary by follow.it
BALTIMORE, MD—On the 9th of June 2025, IonQ and Oxford Ionics announced that they had entered into a definitive agreement for IonQ to acquire Oxford Ionics in a transaction valued at US$1.075 billion, the largest deal of its kind seen in the quantum computing industry to date. The transaction will consist mostly of US$1.065 billion in IonQ shares (representing around 10% of IonQ’s market cap of ~US$10 billion at the time of writing) and approxim…
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insideHPC broke the news in on Thursday, June 12, 2025.
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