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Quantum computing firm IonQ announced Monday it will acquire cybersecurity company Elisity in an all-stock deal worth up to $1.3 billion. The transaction includes $150 million in performance-based earnouts and is expected to close in the fourth quarter subject to regulatory approval.
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Summary by ByteBrief

Quantum computing company IonQ agrees to buy Elisity, which helps stop cyberattacks and ransomware from spreading, in an all-stock deal valued at up to $1.3B (Lauren Thomas/Wall Street Journal)

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