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SoftwareD-Wave Quantum Inc. (NYSE:QBTS) stock rose Wednesday after it announced a major merger agreement. D-Wave agreed to acquire Quantum Circuits Inc. in a $550 million deal. D-Wave said it will pay $300 million in stock and $250 million in cash. The company said the deal combines two key quantum computing approaches under one company. D-Wave said the transaction strengthens its reach across the broader quantum market. Strategic Rationale D-Wave said …See the Story
Why Is D-Wave Quantum Stock Gaining Wednesday? - D-Wave Quantum (NYSE:QBTS)
75% Left coverage: 4 sources
FinanceMarvell Technology, Inc. (NASDAQ:MRVL) stock rose Tuesday after the chipmaker announced an acquisition aimed at strengthening its position in AI and data center connectivity. Marvell agreed to buy XConn Technologies to strengthen its switching silicon lineup, adding expertise in advanced PCIe and CXL switch products. Marvell said the deal will expand its Ultra Accelerator Link switch portfolio and add experienced switching engineers. Also Read: …See the Story
Why Is Marvell Technology Stock Gaining Tuesday? - Marvell Tech (NASDAQ:MRVL)
Coverage: 2 sources
