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IQM Quantum Computers Acquires Quantistry Assets to Form Full-Stack Industrial Simulation Platform
Superconducting quantum hardware developer IQM Quantum Computers (Nasdaq: IQMX) has completed an asset acquisition of Berlin-based Quantistry GmbH, a developer of cloud-native chemical and materials simulation software. The transaction includes Quantistry’s proprietary software, algorithm libraries, and intellectual property. The acquisition occurred following IQM’s business combination with Real Asset Acquisition Corp. (RAAQ), which listed the company on the Nasdaq Stock Market.
