IonQ, Inc. to acquire Elisity, Inc.

IonQ, Inc. has agreed to acquire Elisity, Inc. in a strategic transaction valued at 1.15 billion US dollars. Both companies are based in the United States and operate within the technology sector. The deal structure involves a combination of shares and an earn-out component, rather than a simple cash payment. This arrangement suggests a phased transfer of value, potentially linked to future performance milestones, although specific terms regarding the earn-out are not detailed in the available data. The acquisition is set to combine the assets of the two firms, with IonQ acting as the acquiring entity.

The transaction was announced on 12 October 2026. As of the latest available information, the deal is at the firm intention stage, meaning the parties have committed to the agreement but have not yet completed the transfer of ownership. No completion date has been reported, and the process remains ongoing. The transaction is subject to standard regulatory approvals and other customary closing conditions. Until these hurdles are cleared, the deal remains pending, and the final integration of Elisity into IonQ has not yet taken place.