IonQ to buy SkyWater for $1.8 billion to expand hardware capabilities
Quantum computing firm IonQ said on Monday it would buy chipmaker SkyWater Technology for about $1.8 billion, in a deal that would bring semiconductor manufacturing in-house and boost the development of its next-generation quantum processors.
The cash-and-stock deal will allow IonQ to secure its supply chain by taking control of its own chip production, ensuring a steady supply of advanced technology as it scales up its work supporting federal and defense sectors.
