India, Jan. 14 -- WISeKey International Holding AG (WKEY, WSKEF,WIHN.SW), a Swiss cybersecurity company, on Tuesday said its subsidiary, SEALSQ Corp. (LAES), has entered into a non-binding memorandum of understanding.
The agreement allows SEALSQ to begin exclusive negotiations with the shareholders of French quantum computing firm Quobly SAS for a potential strategic investment and majority acquisition.
The proposed multi-stage transaction is an initial minority investment followed by a potential acquisition.
If completed, the transaction would result in a total investment of about $200 million by SEALSQ in exchange for a majority stake in Quobly.
SEALSQ said the transaction is aimed at advancing secure and industrial-scale quantum techn...