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Quantum Computing Inc. Announces Agreement To Acquire Qphoton Delivering First Commercially Available, Ready-To-Run Full-Stack Quantum Solutions

PRIVATEMay 24, 2022

Acquiring Company

The Green Coffee Company

Acquired Company

QPhoton

MedellinFood and BeverageAgriculture and FarmingFood And BeverageFarmingInsuranceInformation TechnologyHardwareData And AnalyticsScience And EngineeringPrivacy And Security

Description

Quantum Computing Inc. ("QCI'' or the "Company") (NASDAQ: QUBT), a leader in accessible quantum computing software, today announced that it has entered into a definitive agreement to acquire QPhoton, a quantum photonics innovation company that has developed a series of quantum photonic systems (QPS). The acquisition of QPhoton extends QCI’s offerings to accelerate the accessibility of quantum computing, and other powerful technologies, into easily deployable solutions today, and advances QCI into a full-spectrum quantum software and hardware company.

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Company Information

Company

The Green Coffee Company

Location

Medellin, Antioquia, Colombia

About

The Green Coffee Company is a consolidated coffee farming operation headquartered in the U.S. with operations based in Colombia. GCC has complete control of the supply chain: from cultivation to processing to direct trade with end-clients. GCC's holistic approach to the coffee sector and commitment to best environmental practices not only establishes the long-term profitability and sustainability of the business, but also improves the quality of the coffee produced on the farms.

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Frequently asked

Who acquired QPhoton?

QPhoton was acquired by The Green Coffee Company, based in Medellin. The deal was reported on May 24, 2022. The Green Coffee Company is a consolidated coffee farming operation headquartered in the U.S. with operations based in Colombia. The Green Coffee Company is privately held and operates in Food and Beverage.

When did The Green Coffee Company acquire QPhoton?

The Green Coffee Company's acquisition of QPhoton was reported on May 24, 2022. Quantum Computing Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does QPhoton do?

QPhoton is a quantum photonics innovation company. It develops and commercializes powerful quantum nanophotonic technology and systems to transform critical areas of industry, including healthcare, cybersecurity, finance, environment, and computer vision. It is privately held, operating in Information Technology.

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