Acquiring Company
Redwood AI
Acquired Company
Quantum.IQ Technologies
VancouverVancouverInformation TechnologyArtificial IntelligenceSecurityInformation TechnologySoftwareSecurityCyber SecurityNetwork SecurityDescription
Redwood AI has finalized its acquisition of Quantum.IQ Technologies, a Vancouver-based cybersecurity firm. The deal includes the issuance of over 14 million common shares to Quantum.IQ shareholders. Redwood AI aims to bolster its cybersecurity offerings by integrating Quantum.IQ's technology. The acquisition comes amid significant financial adjustments and marketing commitments for Redwood AI.
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Based on deal dataFrequently asked
Who acquired Quantum.IQ Technologies?
Quantum.IQ Technologies was acquired by Redwood AI, based in Vancouver. The deal was reported on August 16, 2026. Redwood AI is a technology company specializing in artificial intelligence for chemistry and drug discovery. It is pivoting towards the emerging sector of post-quantum cryptography. Redwood AI is privately held and operates in Information Technology.
When did Redwood AI acquire Quantum.IQ Technologies?
Redwood AI's acquisition of Quantum.IQ Technologies was reported on August 16, 2026. Redwood AI has finalized its acquisition of Quantum.IQ Technologies, a Vancouver-based cybersecurity firm. The deal includes the issuance of over 14 million common shares to Quantum.IQ shareholders. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Quantum.IQ Technologies do?
Quantum.IQ Technologies Inc. is an AI-driven company specializing in quantum cybersecurity solutions. It develops software aimed at helping high-security organizations upgrade and manage their encryption systems against quantum-enabled cyber threats. It is privately held, operating in Information Technology, and is based in Vancouver.