IonQ to acquire Lightsynq Technologies, terms not disclosed

IonQ (IONQ) announced that it has entered into a definitive agreement to acquire Lightsynq Technologies Inc., a Boston-based startup founded by former Harvard University quantum memory experts. Lightsynq’s team and IP are expected to significantly accelerate both IonQ’s quantum networking and quantum computing roadmaps. “IonQ’s vision has always been to scale our quantum networks through quantum repeaters, and scale our quantum compute power through photonic interconnects. Today’s announcement of our intention to acquire Lightsynq helps accelerate both roadmaps,” said Niccolo de Masi, CEO of IonQ. “We are pleased to welcome Lightsynq founders Dr. Mihir Bhaskar, Dr. Bart Machielese, Dr. David Levonian and the rest of the Lightsynq team to IonQ. Their groundbreaking technology will accelerate IonQ’s commercial quantum computer delivery to 10,000s and ultimately millions of qubits.” IonQ will also acquire ownership of Lightsynq’s portfolio of over 20 technology patents and patent applications related to quantum memory, further strengthening IonQ’s growing intellectual property position.