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Intel to Acquire Quantum Software Firm Classiq

By Drooid · Oct 28, 2026 · How we work

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Intel announced plans to acquire Israeli quantum-software firm Classiq.
Intel’s market value has more than doubled, now near $500 billion.
Intel’s prior acquisitions, including Habana Labs (2019) and Granulate (2022), have struggled to gain traction.
Acquiring Classiq could give Intel quantum-software across architectures, a layer IBM hardware rivals lack.
Mobileye, 80% owned by Intel, bought Moovit for about $1 billion in 2020.

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Intel announced plans to acquire Israeli quantum-software firm Classiq.
Intel’s market value has more than doubled, now near $500 billion.
Intel’s prior acquisitions, including Habana Labs (2019) and Granulate (2022), have struggled to gain traction.
Acquiring Classiq could give Intel quantum-software across architectures, a layer IBM hardware rivals lack.
Mobileye, 80% owned by Intel, bought Moovit for about $1 billion in 2020.