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IonQ has entered into a definitive agreement to acquire Oxford Ionics in a transaction valued at $1.075 billion, consisting of $1.065 billion in shares and $10 million in cash. The deal aims to combine IonQ's quantum computing stack with Oxford Ionics' ion-trap technology.
“The combination is expected to accelerate innovation in drug discovery, materials science, financial modeling, logistics, chemistry, aerospace, cybersecurity and defense.”ionq.com
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