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D-Wave acquires Quantum Circuits for $550 million

PUBLIC · QBTSFeb 23, 2026

Acquiring Company

D-Wave Quantum

Acquired Company

Quantum Circuits

Palo AltoNew HavenInformation TechnologyOil And GasSoftwareArtificial IntelligenceCyber SecurityConsultinginformation technology & servicescomputer hardware

Description

D-Wave Quantum has announced an agreement to acquire Quantum Circuits for $550 million. The deal includes $300 million in stock and $250 million in cash and aims to enhance D-Wave's quantum computing capabilities. This acquisition is set to close later this month and represents a significant milestone for D-Wave's future in quantum technology.

Quick answer

D-Wave Quantum is acquiring Quantum Circuits for $550 million, announced January 8, 2026. D-Wave Quantum is based in Palo Alto, California, United States.

How much did D-Wave Quantum pay for Quantum Circuits?
The reported deal value is $550 million.
What does D-Wave Quantum do?
D-Wave Quantum Inc. is a leader in the development and delivery of quantum computing systems, software, and services.
Where are D-Wave Quantum and Quantum Circuits based?
D-Wave Quantum is based in Palo Alto, California, United States. Quantum Circuits is based in New Haven, Connecticut, United States.
Who are the decision-makers at D-Wave Quantum?
Fundz holds 4 contacts at D-Wave Quantum. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

D-Wave Quantum

Location

2650 E Bayshore Rd

Palo Alto, California, United States

About

D-Wave Quantum Inc. is a leader in the development and delivery of quantum computing systems, software, and services. The company is the world’s first commercial supplier of quantum computers, building both annealing quantum computers and gate-model quantum computers. Their mission is to unlock the power of quantum computing today to benefit business and society.

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Frequently asked

Who acquired Quantum Circuits?

Quantum Circuits was acquired by D-Wave Quantum, based in Palo Alto. The deal was reported on February 23, 2026. D-Wave Quantum Inc. is a leader in the development and delivery of quantum computing systems, software, and services. D-Wave Quantum is publicly traded (QBTS) and operates in Information Technology.

When did D-Wave Quantum acquire Quantum Circuits?

D-Wave Quantum's acquisition of Quantum Circuits was reported on February 23, 2026. D-Wave Quantum has announced an agreement to acquire Quantum Circuits for $550 million. The deal includes $300 million in stock and $250 million in cash and aims to enhance D-Wave's quantum computing capabilities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Quantum Circuits do?

Quantum Circuits, Inc. is a leader in fault tolerant quantum computers and is dedicated to developing large-scale commercial quantum computing. It is privately held, operating in computer hardware, and is based in New Haven.

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