Overview
- Intel announced a definitive agreement to acquire Classiq on Monday, Oct. 26, 2026, and said both companies will operate independently until the transaction closes.
- The deal is subject to regulatory approvals and customary closing conditions and is expected to be completed in the first half of 2027.
- Haaretz and other outlets reported the transaction at about $2.3 billion, though that figure is based on people familiar with the matter rather than Intel’s press release.
- Classiq provides a high‑level, hardware‑agnostic synthesis platform that automates quantum algorithm design so developers can target different qubit systems without hand‑crafting circuits.
- Intel says the acquisition pairs Classiq’s software with its silicon spin‑qubit chips, cryogenic control electronics and manufacturing scale, a move the company says could accelerate commercialization but that also carries regulatory, talent‑retention and integration risks.