Intel is acquiring Israeli startup Classiq in a cash and stock deal valued at $2.3 billion. The deal represents the highest exit in the history of the global quantum computing industry and is expected to attract additional investments to the field in Israel. Classiq develops an operating system for quantum computers and employs 150 employees who will benefit from stock realization and Intel retention grants.
Intel Acquires Israeli Startup Classiq, 'Highest Exit in the Industry'
Sophie Shulman, Calcalist|
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