MilestoneIndustryConfirmed

Intel agrees to buy quantum software company Classiq

Oct 26, 2026

On Oct. 26, 2026, Intel agreed to acquire Classiq, whose software designs quantum circuits automatically, to pair it with its silicon spin-qubit chips in a full-stack platform. The deal should close in the first half of 2027. Intel gave no price; Globes reported $2.3 billion.

Why it matters

One of the largest chipmakers moves from building qubit hardware to selling a complete quantum computing product, buying one of the best-known quantum software startups to do it.

Intel · Classiq

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Sources (3)

Intel Intel to Acquire Classiq to Create a Full-stack Quantum Computing Platform
Primary sourceOct 26, 2026

“Intel Corporation today announced that it has entered into a definitive agreement to acquire Classiq, a leading provider of quantum computing software.”
The Quantum Insider Intel to Acquire Classiq to Create a Full-stack Quantum Computing Platform
Independent coverageOct 26, 2026

“Intel has agreed to acquire quantum software company Classiq, combining its algorithm synthesis platform with Intel’s silicon spin-qubit hardware and software to build a full-stack quantum computing business.”
Globes Intel to acquire Classiq
Independent coverageOct 26, 2026

“Intel announced the acquisition of the company for $2.3 billion but the cash on hand effectively reduces the purchase price to $2.2 billion.”

Added Oct 27, 2026. Spotted an error? Tell us and we will review it.