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IonQ acquires SkyWater Technology for expansion

PUBLIC · IONQAug 25, 2026about 5 hours ago

Acquiring Company

IonQ

Acquired Company

SkyWater Technology

College ParkBloomingtonManufacturingManufacturingSoftware

Description

IonQ has completed the acquisition of SkyWater Technology, enhancing its capabilities in quantum computing. The company has appointed former Samsung CEO Timothy Baxter to its board to leverage his expertise. This acquisition aims to integrate all components of IonQ's quantum platform. The move positions IonQ for rapid scalability in manufacturing quantum computing solutions.

Company Information

Company

IonQ

Location

College Park, Maryland, United States

About

IonQ, Inc. is a leader in quantum computing, with a proven track record of innovation and deployment. IonQ's current generation quantum computer, IonQ Forte, is the latest in a line of cutting-edge systems, including IonQ Aria, a system that boasts industry-leading 25 algorithmic qubits. Along with record performance, IonQ has defined what it believes is the best path forward to scale. IonQ is the only company with its quantum systems available through the cloud on Amazon Braket, Microsoft Azure, and Google Cloud, as well as through direct API access. IonQ was founded in 2015 by Dr. Christopher Monroe and Dr. Jungsang Kim based on 25 years of pioneering research. To learn more, visit www.ionq.com.

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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
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Frequently asked

Who acquired SkyWater Technology?

SkyWater Technology was acquired by IonQ, based in College Park. The deal was reported on August 25, 2026. IonQ, Inc. is a leader in quantum computing, with a proven track record of innovation and deployment. IonQ is publicly traded (IONQ) and operates in Manufacturing.

When did IonQ acquire SkyWater Technology?

IonQ's acquisition of SkyWater Technology was reported on August 25, 2026. IonQ has completed the acquisition of SkyWater Technology, enhancing its capabilities in quantum computing. The company has appointed former Samsung CEO Timothy Baxter to its board to leverage his expertise. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does SkyWater Technology do?

SkyWater (NASDAQ: SKYT) is a U.S. investor-owned semiconductor manufacturer and a DMEA-accredited Category 1A Trusted Foundry. It is privately held, operating in Manufacturing, and is based in Bloomington.

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