Kipu Quantum completes acquisition of quantum computing platform built by Anaqor AG to accelerate quantum solutions development

Jul 11, 2024•about 1 year ago

Acquiring Company

Kipu Quantum

Acquired Company

PlanQK

Karlsruhe

BerlinFinancial ServicesSoftwareInformation Technology

Description

Kipu Quantum, the worldwide leading quantum software company, has strategically acquired PlanQK, the German quantum computing platform successfully built and commercialized by Anaqor AG. This acquisition will drastically accelerate the commercialization of Kipu's application- and hardware-specific algorithms, as services through the PlanQK platform, enabling frictionless access for organizations to integrate quantum solutions into their existing processes.

Company Information

Company

Kipu Quantum

Location

Karlsruhe, Baden-Württemberg, Germany

About

Kipu Quantum is a German quantum computing startup based in Karlsruhe and Berlin. We meet customer needs by tackling real-world problems for a variety of business domains. What makes Kipu unique is our focus on application- and hardware-specific quantum algorithms that are packaged into software products. Kipu operates at the nexus of customer use cases, hardware platforms, and the software layer - because quantum computers are still more than 10 years away from solving meaningful problems with standard approaches. We intend to drastically reduce the time to useful quantum computing - our solutions enable customers to derive value from quantum computing years ahead of other approaches, i.e. not just in the distant future.

Related People

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed