INTC · News · 20261106N
Classiq Acquisition Agreement
INTEL CORP · 2026-11-06 · Importance 71 · Surprise 60 · In source text
Intel’s acquisition of Israeli quantum-computing company Classiq is valued at approximately $1.9 billion. An additional $350 million is contingent on Classiq meeting performance milestones, potentially bringing the total consideration to $2.25 billion. Intel may pay in cash or shares. The acquisition is intended to combine Classiq’s quantum software with Intel’s quantum hardware development to build a full-stack quantum-computing business.
Key facts
- Intel's Classiq acquisition is valued at approximately $1.9 billion, with another $350 million contingent on Classiq meeting performance milestones, potentially bringing the total to $2.25 billion. source
- Intel's Classiq acquisition aims to integrate Classiq's quantum software with Intel's quantum hardware development to build a full-stack quantum-computing business. source
- Intel can pay for its Classiq acquisition in cash or shares. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -0.7% | Intel's Classiq acquisition is valued at approximately $1.9 billion, with another $350 million contingent on Classiq meeting performance… |
| cash | negative | contingent | -0.0% | Intel's Classiq acquisition is valued at approximately $1.9 billion, with another $350 million contingent on Classiq meeting performance… |