Intel has agreed to acquire the quantum computing software company Classiq in a bid to create a full-stack quantum computing platform.
The company said that Classiq will add a quantum algorithm synthesis platform to Intel's existing quantum software capabilities, creating a full-stack quantum computing solutions business.
Intel also said the deal will allow it to add quantum computing chips known as QPUs to its existing compute platform portfolio.
Financial terms of the deal weren't disclosed. The transaction is expected to close in the first half of next year.
Write to Elias Schisgall at elias.schisgall@wsj.com
Intel Corporation is the world leading manufacturer of semiconductor. Net sales break down by family of products and services as follows:
- computing architectures products (69.7%): processors and microprocessors (Pentium, Intel Xeon brands, etc.), graphics cards, chips and motherboards, connectivity products, cellular modems, Ethernet controllers, network components, storage products, etc. for PCs, servers, data centers, cloud networks, workstations, notebooks, Internet of Things, graphics architectures, intelligent peripherals and communications infrastructures. The group also develops associated software;
- wafer manufacturing services (25.3%): accelerators, monolithic chips, silicon wafers, etc. The group also offers chiplet software and mask manufacturing equipment for advanced lithography;
- other (5%).
Net sales (including intragroup) are distributed geographically as follows: the United States (29.8%), China (24%), Singapore (18.1%), Taiwan (14.5%) and other (13.6%).
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