IonQ to Buy Cybersecurity Firm Elisity in up to $1.3 Billion Deal

Dallas cybersecurity firm agrees to $1.3 billion buyout

Dallas-based Elisity, founded in 2019, is getting bought by IonQ, a Maryland-based company that will expand into cybersecurity software through the deal.

IonQ Fell 9% on a $1.3 Billion Deal—Is Wall Street Missing Something?

IonQ shares fell about 9% after it agreed to acquire cybersecurity firm Elisity for roughly $1.3 billion in an all-stock deal, as it expands into post-quantum enterprise security.

IonQ’s $1.2 billion acquisition of Elisity is trying to position it for quantum cybersecurity

When quantum vendor IonQ on Sunday announced a $1.2 billion all stock deal to take over cybersecurity vendor Elisity, it spoke of a near-term future where enterprise quantum cybersecurity needs will move beyond replacing to-be-outdated encryption. The acquisition brings together IonQ’s post-quantum cryptography (PQC) and quantum key distribution (QKD) capabilities and Elisity’s enterprise Zero Trust technology platform, IonQ said in a news relea…

IonQ (NYSE: IONQ) Drops 9% After Announcing All-Stock Elisity Acquisition Worth Up To $1.3B, Dragging D-Wave And Rigetti Lower

IonQ (NYSE: IONQ) fell sharply in morning trading, with shares sliding 9% to $36.19 after the quantum computing company announced a deal to acquire cybersecurity firm Elisity entirely in stock. The all-equity structure of the transaction means existing IonQ shareholders bear the cost through dilution, as newly issued shares flow directly to Elisity’s owners rather […]

IonQ to acquire cybersecurity firm Elisity in $1.3 billion deal to expand quantum security

IonQ will acquire Elisity in an all-stock deal valued at up to $1.3 billion to expand its quantum security business and strengthen cybersecurity offerings for enterprise and government customers.