IonQ Watch posted an update
IonQ has reportedly agreed to buy cybersecurity firm Elisity in an all-stock deal valued at up to $1.3bn, according to the Wall Street Journal. It would be a major expansion beyond quantum computing for IonQ, with the reported deal linking cybersecurity to the company’s broader technology ambitions.
Why it mattersIonQ chairman and chief executive Niccolo de Masi described the acquisition as a strategic bet on cybersecurity becoming more important as quantum computing and AI advance, the Journal reports. That is the company’s rationale, not proof that the acquisition will deliver those benefits. The reported price tag is substantial.
Discuss: What should count as a convincing case for a quantum-computing company to spend heavily on cybersecurity?
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