Intel Agrees to Acquire Classiq to Build a Full-Stack Quantum Business

According to ChainCatcher, citing Zhitong Finance, Intel has agreed to acquire Israeli quantum computing startup Classiq Technologies, with the transaction price undisclosed and expected to close in the first half of 2027. Classiq’s clients include BMW and AT&T, and its technology enables customers to write code that can be tested and run on any type of quantum hardware. This acquisition will strengthen Intel’s quantum hardware development capabilities and make its products easier to deploy on quantum computers. Intel CEO Lisa Su stated that partnering with Classiq will transform Intel’s quantum computing division into a full-stack quantum computing company. Classiq has raised over $200 million in funding and employs approximately 130 people; post-acquisition, it will continue helping clients develop code capable of running on various types of quantum hardware, including competitors’ systems. For more than a decade, Intel has been committed to leveraging its silicon manufacturing advantages to establish a leadership position in quantum computing, with a focus on spin qubit technology.