Acquiring Company
Crane Harbor Acquisition
Acquired Company
Xanadu Quantum Technologies
North Brabant
TorontoSoftwareArtificial IntelligenceManufacturingInformation TechnologySoftwareDescription
Crane Harbor Acquisition Corp. has successfully completed its merger with Xanadu Quantum Technologies, enhancing Xanadu's position in the quantum computing sector. The merger was completed in March 2026, allowing Xeandu to enter public markets through this special purpose acquisition company. This strategic move aims to accelerate growth and technological advancements within the quantum computing industry.
Fundz sees it the moment Crane Harbor Acquisition makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Xanadu Quantum Technologies?
Xanadu Quantum Technologies was acquired by Crane Harbor Acquisition, based in North Brabant. The deal was reported on October 4, 2026. Crane Harbor Acquisition is publicly traded (CRAN) and operates in Software.
When did Crane Harbor Acquisition acquire Xanadu Quantum Technologies?
Crane Harbor Acquisition's acquisition of Xanadu Quantum Technologies was reported on October 4, 2026. Crane Harbor Acquisition Corp. has successfully completed its merger with Xanadu Quantum Technologies, enhancing Xanadu's position in the quantum computing sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Xanadu Quantum Technologies do?
Xanadu Quantum Technologies is a leader in photonic quantum computing. Established in 2016, its Borealis quantum processor achieved quantum supremacy in 2022. The company offers the open-source platform PennyLane, supporting global quantum developers. It is publicly traded (XNDU), operating in Manufacturing, and is based in Toronto.
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