Acquiring Company
Xanadu Quantum Technologies
Acquired Company
Crane Harbor Acquisition
Toronto
North BrabantManufacturingInformation TechnologySoftwareSoftwareArtificial IntelligenceDescription
Xanadu Quantum Technologies Inc has completed the acquisition of the remaining stake in Crane Harbor Acquisition Corp in a reverse merger transaction. The deal, valued at $3 billion, allows Xanadu shareholders to receive stock in the combined company. The transaction has received approval from both companies' boards and is set to close on March 26, 2026.
Quick answer
Xanadu Quantum Technologies is acquiring Crane Harbor Acquisition, announced March 26, 2026. Xanadu Quantum Technologies is based in Toronto, Ontario, Canada.
- How much did Xanadu Quantum Technologies pay for Crane Harbor Acquisition?
- The deal value was not disclosed.
- What does Xanadu Quantum Technologies do?
- Xanadu Quantum Technologies is a leader in photonic quantum computing.
- Where are Xanadu Quantum Technologies and Crane Harbor Acquisition based?
- Xanadu Quantum Technologies is based in Toronto, Ontario, Canada. Crane Harbor Acquisition is based in North Brabant, Netherlands.
- Who are the decision-makers at Xanadu Quantum Technologies?
- Fundz holds 5 contacts at Xanadu Quantum Technologies. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Xanadu Quantum Technologies, and when
When Xanadu Quantum Technologies changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Xanadu Quantum Technologies raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Xanadu Quantum Technologies, from your own LinkedIn network
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Frequently asked
Who acquired Crane Harbor Acquisition?
Crane Harbor Acquisition was acquired by Xanadu Quantum Technologies, based in Toronto. The deal was reported on March 26, 2026. Xanadu Quantum Technologies is a leader in photonic quantum computing. Established in 2016, its Borealis quantum processor achieved quantum supremacy in 2022. Xanadu Quantum Technologies is publicly traded (XNDU) and operates in Manufacturing.
When did Xanadu Quantum Technologies acquire Crane Harbor Acquisition?
Xanadu Quantum Technologies's acquisition of Crane Harbor Acquisition was reported on March 26, 2026. Xanadu Quantum Technologies Inc has completed the acquisition of the remaining stake in Crane Harbor Acquisition Corp in a reverse merger transaction. The deal, valued at $3 billion, allows Xanadu shareholders to receive stock in the combined company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Crane Harbor Acquisition do?
Crane Harbor Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It is publicly traded (CRAN), operating in Software, and is based in North Brabant.
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