Quantum computing company IonQ Inc. agreed to acquire enterprise cybersecurity firm Elisity Inc. on October 12, 2026, in an all-stock deal valued at up to $1.3 billion. The acquisition includes $150 million in performance-based earnouts, with share calculations tied to prices between $33.07 and $49.61. IonQ CEO Niccolo de Masi stated the deal addresses growing threats from advanced AI and quantum systems.
IonQ acquires Elisity to expand platform
- ▪Maryland-based quantum computing company IonQ Inc. acquired enterprise security company Elisity Inc. to expand IonQ Inc.'s cybersecurity platform to protect against artificial intelligence-assisted cyber dangers and emerging quantum threats
- ▪IonQ Inc. agreed to acquire cybersecurity firm Elisity Inc. in an all-stock transaction valued at up to $1.3 billion on October 12, 2026
Financial details of the acquisition
- ▪The $1.3 billion deal price for Elisity Inc. includes up to $150 million in extra earnouts subject to Elisity's future performance
- ▪The acquisition of Elisity Inc. by IonQ Inc. is structured as an all-stock transaction
- ▪The number of IonQ Inc. shares issued for the October 12, 2026 Elisity Inc. transaction will be calculated based on a share price between $33.07 and $49.61
- ▪The transaction values enterprise cybersecurity firm Elisity Inc. at a base value of up to prior to earnouts
Statements from IonQ CEO Niccolo de Masi
- ▪IonQ CEO Niccolo de Masi warned that bad actors will leverage advancing technology, making the coming years the most dangerous for cybersecurity risks
- ▪IonQ Chairman and CEO Niccolo de Masi stated that the October 12, 2026 acquisition of Elisity addresses escalating cybersecurity risks as AI and quantum systems advance
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