Intel to Buy $200M-Funded Quantum Startup Classiq — SkimNews
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- Intel agreed to acquire Classiq Technologies Ltd., the Tel Aviv-based quantum computing startup, as part of a push to capitalize on quantum computing.
- Classiq has raised more than $200M in funding and has about 130 employees.
Why it matters: Intel is acquiring a Tel Aviv-based quantum-computing company that has raised more than $200M and has about 130 employees. The transaction adds an operating team of roughly 130 people to Intel’s stated quantum-computing push, although the source provides no purchase price, closing date or other deal terms.
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