Intel agrees to acquire quantum software company Classiq

Intel announced a definitive agreement to acquire Classiq, aiming to combine its quantum software and silicon spin-qubit technology with Classiq's algorithm synthesis platform. Intel says it intends to keep supporting Classiq's hardware-agnostic software after closing. The deal is subject to regulatory approval, and Intel expects it to close in the first half of 2027. Techmeme, citing Bloomberg, says Classiq has raised more than $200 million and has about 130 employees.