Acquiring Company
International Business Machines
Acquired Company
HRL Laboratories
Description
IBM has completed its acquisition of HRL Laboratories, enhancing its quantum hardware capabilities. The deal integrates HRL's advancements in silicon spin qubits and quantum sensing into IBM's quantum roadmap. This move reflects IBM's commitment to building advanced computing and AI solutions for enterprise clients.
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Based on deal dataFrequently asked
Who acquired HRL Laboratories?
HRL Laboratories was acquired by International Business Machines, based in Armonk. The deal was reported on August 27, 2026. International Business Machines Corp (IBM) is a global leader in IT services and consulting, serving 95% of all Fortune 500 companies. International Business Machines is publicly traded (IBM) and operates in Information Technology.
When did International Business Machines acquire HRL Laboratories?
International Business Machines's acquisition of HRL Laboratories was reported on August 27, 2026. IBM has completed its acquisition of HRL Laboratories, enhancing its quantum hardware capabilities. The deal integrates HRL's advancements in silicon spin qubits and quantum sensing into IBM's quantum roadmap. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does HRL Laboratories do?
HRL Laboratories is a prominent research and development institution focused on advanced technologies, particularly in quantum computing and materials science. It is privately held, operating in Biotechnology, and is based in California.
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