Overview
- The consideration totals $550 million, split into $300 million in D-Wave stock and $250 million in cash.
- Closing is targeted for late January 2026 pending regulatory clearance and NYSE listing approval for the new shares, with a Form 8-K to detail terms.
- D-Wave will run a dual platform by keeping its quantum annealing business while adding gate-based systems.
- The acquisition adds a New Haven, Connecticut R&D hub, with Quantum Circuits co-founder and Yale researcher Rob Schoelkopf joining the effort.
- D-Wave says Quantum Circuits’ built-in error detection could lower resources needed for logical qubits, and it plans an initial superconducting gate-model system as early as 2026, with QBTS up about 2% after the announcement.