We had reported in our story about IonQ’s Q1 financial report last month that IonQ announced its intention to acquire LightSynq Technologies. IonQ has now announced they have completed the acquisition and delivered 12,377,433 “Stock Consideration” shares. At the current market price for Ionq as of today of $39.81 this would amount to about $492.7 million, although some of those shares include stock options subject to vesting conditions.
Lightsynq is a Boston-based startup that specializes in photonic interconnects and quantum memory used in creating a quantum internet and also for connecting individual quantum processors together to form a larger cluster. As part of this acquisition, IonQ will be obtaining 20 patent and patent applications strengthening the company’s overall IP position.
For more about the closing of this acquisition, view a press release provided by IonQ here and also IonQ’s 8-K SEC report available here.
June 3, 2025
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