MilestoneIndustryConfirmed
D-Wave agrees to buy gate-model start-up Quantum Circuits for $550 million
Jan 7, 2026
D-Wave, known for quantum annealers (machines specialised in optimisation problems), agreed to buy Quantum Circuits Inc., a developer of error-corrected superconducting gate-model qubits, for $550 million: $300 million in D-Wave stock and $250 million in cash. The deal closed on January 20, 2026.
Why it matters
It adds gate-model machines, which can run general quantum algorithms, to D-Wave's annealers; the combined company planned to bring superconducting gate-model systems to market in 2026.
Sources (2)
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D-Wave Quantum
D-Wave Announces Agreement to Acquire Quantum Circuits Inc., Establishing World’s Leading Quantum Computing Company
“today announced that the companies have entered into a merger agreement under which D-Wave will acquire Quantum Circuits for a purchase price of $550 million, consisting of $300 million in D-Wave common stock and $250 million in cash.”
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The Quantum Insider
D-Wave Finalizes Acquisition of Quantum Circuits
“D-Wave has completed its acquisition of Quantum Circuits Inc., adding error-corrected, superconducting gate-model quantum computing capabilities to its portfolio.”
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