IonQ and Elisity.

$IONQ

IonQ and Elisity

IonQ agreed to acquire cybersecurity firm Elisity in an all-stock deal reported as worth up to $1.3 billion, according to CNBC. IonQ said the combination would pair its post-quantum cryptography and quantum key distribution capabilities with Elisity’s enterprise Zero Trust platform (IonQ announcement).

Deal terms

The reported consideration is IonQ stock, with a maximum stated value of $1.3 billion. The available sources do not name a share count, stock pricing formula, contingent payment terms, or expected closing date.

Ask your own