Quantum Computing Inc. (QCi) has signed an agreement to acquire Luminar Semiconductor, Inc. in an all-cash transaction valued at $110 million.
The acquisition will bring QCi a portfolio of core photonic technologies, patents, and an experienced team of engineers and scientists.
LSI's components, patents, and talent will strengthen QCi's supply chain, increase engineering depth, and accelerate the development of quantum systems.
Acquisition Details
QCi to acquire LSI for $110 million in an all-cash transaction to enhance quantum technology roadmap.
Strategic Benefits
Acquisition brings key photonic technologies, patents, and skilled team members to advance QCi's quantum solutions.
Revenue Opportunities
Post-closure, QCi aims to expand LSI's customer base and commercialize quantum appliances leveraging LSI's technology.
- The acquisition accelerates QCi's technology roadmap, enhances engineering capabilities, and strengthens its position in the quantum technology market.
- LSI's expertise and product portfolio are expected to drive innovation, market expansion, and customer satisfaction for both companies.
The acquisition of Luminar Semiconductor, Inc. marks a significant advancement in QCi's strategic development, positioning the company to drive innovation and access new market opportunities in the quantum technology sector.