Horizon Quantum Plans Entropica Acquisition in Expected $27 Million Share Deal
Photo: TokenPost
Horizon Quantum Holdings Ltd. (Nasdaq: HQ) plans to acquire Singapore-based Entropica Labs in a deal with anticipated consideration of $27 million in Class A ordinary shares. Entropica develops software for quantum systems, with a focus on correcting errors and supporting fault tolerance. The planned consideration is described as anticipated. A separate quantum software deal remains pending: Intel agreed to acquire Classiq , an Israeli company. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
