✉news BusinessStartups first seen 1 d ago, last 21 h ago, peak #1
Intel to buy Israeli quantum startup Classiq for $2.3 billion
Original: Intel to acquire Israeli quantum startup Classiq for $2.3 billion
Intel has agreed to acquire Classiq, an Israeli startup specializing in quantum computing software, in a deal valued at $2.3 billion. The move signals Intel's push to strengthen its position in quantum technologies, a field seen as key to future computing power. The acquisition is drawing attention as one of the larger exits for Israel's quantum and deep-tech sector.
Why now: A major semiconductor company making a multibillion-dollar quantum acquisition is significant news for both the tech industry and Israel's startup ecosystem.
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