IonQ Completes Elisity Acquisition in Deal Valued at Up to $1.3 Billion

IonQ completed its acquisition of cybersecurity company Elisity on Wednesday, adding Zero Trust technology to its security business in an all-stock transaction valued at up to $1.3 billion. Terms of the acquisition agreement announced Oct. 12 include up to $150 million in performance-based earnouts tied to Elisity’s results. IonQ said the acquisition is expected to strengthen its quantum security strategy. Its cybersecurity capabilities include post-quantum cryptography and quantum key distribution. Elisity’s IdentityGraph brings together identity, asset and risk information for access management involving users, devices, workloads and AI agents.

Source: TokenPost