Monday, June 9, 2025

Maryland-based quantum computing company IonQ agrees to acquire Oxford Ionics, which spun out of Oxford University, in a $1.07B all-stock deal, closing in 2025 (Oliver Barnes/Financial Times)

Oliver Barnes / Financial Times:
Maryland-based quantum computing company IonQ agrees to acquire Oxford Ionics, which spun out of Oxford University, in a $1.07B all-stock deal, closing in 2025  —  Acquisition of Oxford Ionics for $1.1bn shows advances in processing are kick-starting dealmaking



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...