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IonQ shares fall after agreeing to acquire Elisity in all-stock deal

IonQ said the acquisition is valued at about $1.3 billion and will expand the company into post-quantum enterprise security.

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IonQ shares fell about 9% after the quantum computing company agreed to acquire cybersecurity firm Elisity for roughly $1.3 billion in an all-stock deal, according to MarketBeat Ratings.

The agreement also marks IonQ’s push into post-quantum enterprise security, as the acquisition supports its efforts to expand beyond its core quantum technology business.

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