India, June 17 -- On the 9th of June 2025, IonQ and Oxford Ionics announced that they had entered into a definitive agreement for IonQ to acquire Oxford Ionics in a transaction valued at US$1.075 billion, the largest deal of its kind seen in the quantum computing industry to date. The transaction will consist mostly of US$1.065 billion in IonQ shares (representing around 10% of IonQ's market cap of ~US$10 billion at the time of writing) and approximately US$10 million in cash (source: IonQ press release).

This record-breaking deal represents a major consolidation of talent and resources in the quantum computing industry, a trend that IDTechEx has predicted to emerge as the industry matures and talent shortages become more pressing. Over ...