MilestoneIndustryConfirmed
IonQ agrees to acquire Oxford Ionics in a $1.075 billion deal
Jun 9, 2025
IonQ announces a definitive agreement to buy UK trapped-ion company Oxford Ionics for $1.075 billion, almost all of it in IonQ shares plus about $10 million in cash. The acquisition was completed in September 2025.
Why it matters
It brought two trapped-ion hardware makers together in a deal worth more than a billion dollars, paid almost entirely in IonQ stock.
Related
Sources (2)
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IonQ
IonQ Announces Agreement to Acquire Oxford Ionics, Accelerating Path to Pioneering Breakthroughs in Quantum Computing
“IonQ and Oxford Ionics today announced they have entered into a definitive agreement for IonQ to acquire Oxford Ionics in a transaction valued at $1.075 Billion, which will consist of $1.065 Billion in shares of IonQ common stock and approximately $10 Million in cash (subject to customary closing adjustments and expenses).”
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The Quantum Insider
IonQ Completes Acquisition of Oxford Ionics, Rapidly Accelerating Its Quantum Computing Roadmap
“IonQ completed its acquisition of UK-based Oxford Ionics, strengthening its trapped ion quantum technology and expanding its presence in Europe, Asia, and other global markets.”
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