OCTOBER 27, 2026 11:09

Updated: OCTOBER 27, 2026 11:44

Intel announced on Monday that it signed a definitive agreement to acquire Israeli quantum computing software company Classiq, a move the US chipmaker said would strengthen its push into quantum computing and position it as a full-stack provider of quantum hardware and software solutions.

While the companies did not disclose the financial terms of the transaction, which remains subject to regulatory approvals and other customary closing conditions, Globes reported that Intel acquired Classiq for $2.2 billion, making it Intel's largest acquisition in Israel since the 2017 purchase of Mobileye for $15.3 billion.

Intel said it expects to close the deal in the first half of 2027.

Software for any quantum machine

Founded in Israel, Classiq has developed a quantum software platform that lets developers and enterprises build quantum applications without deep expertise in quantum circuit design.…