Quantum Computing Firm IonQ to Acquire Chipmaker SkyWater Technology for $1.8 Billion

Quantum computing company IonQ announced its intent to acquire chipmaker SkyWater Technology for $1.8 billion. This acquisition aims to provide IonQ with embedded access to a trusted U.S. foundry, enabling the company to begin testing its planned 200,000-qubit chips by 2028 and vertically integrate its quantum computing operations.