IBM acquires HRL Laboratories to further boost quantum computing R&D efforts

IBM has acquired HRL Laboratories, a quantum R&D company that is jointly owned by Boeing and General Motors (GM).

The financial terms of the deal were not disclosed, but IBM said that following the close of the transaction, Boeing and GM will partner with IBM on the development of “quantum applications and advanced technology.”

The deal is expected to close by the end of Q3 2026, subject to customary closing conditions and regulatory approvals.

– Dan Swinhoe

In a statement announcing the acquisition, IBM said HRL’s “advanced expertise in silicon-spin qubit engineering” will complement and extend its own long-term mission to “scale increasingly powerful quantum computers and accelerate its quantum vision.”