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Add as a preferred source on GoogleHorizon Quantum Plans Entropica Acquisition in Expected $27 Million Share Deal
The planned purchase targets a Singapore-based quantum software company focused on error correction and fault tolerance.
Horizon Quantum Holdings Ltd. (Nasdaq: HQ) plans to acquire Singapore-based Entropica Labs in a deal with anticipated consideration of $27 million in Class A ordinary shares.
Entropica develops software for quantum systems, with a focus on correcting errors and supporting fault tolerance. The planned consideration is described as anticipated.
A separate quantum software deal remains pending: Intel agreed to acquire Classiq, an Israeli company.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.