Acquiring Company
Intel
Acquired Company
Classiq
Santa Clara
Tel AvivManufacturingSoftwareBiotechnologyHardwareAgriculture and FarmingSoftwareScience And EngineeringConsumer ElectronicsDescription
Intel has agreed to acquire 100% of Israeli quantum-computing software company Classiq for approximately $1.9 billion, subject to purchase-price adjustments. The deal includes up to $350 million in contingent consideration tied to performance milestones, for a potential total of about $2.25 billion. The transaction is expected to close in the first half of 2027, subject to regulatory approvals.
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Frequently asked
Who acquired Classiq?
Classiq was acquired by Intel, based in Santa Clara. The deal was reported on October 26, 2026. Intel is an industry leader, creating world-changing technology that enables global progress and enriches lives. Intel is publicly traded (INTC) and operates in Manufacturing.
When did Intel acquire Classiq?
Intel's acquisition of Classiq was reported on October 26, 2026. Intel has agreed to acquire 100% of Israeli quantum-computing software company Classiq for approximately $1.9 billion, subject to purchase-price adjustments. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Classiq do?
It is privately held, operating in Biotechnology, and is based in Tel Aviv.
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