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IBM Completes Acquisition of HRL Laboratories to Expand Multi-Modality Quantum Roadmap

IBM (NYSE: IBM) has officially completed its acquisition of Malibu-based research and development institution HRL Laboratories, LLC (HRL). The transaction brings HRL’s deep expertise in silicon-spin qubits, quantum sensing, cryogenics, and advanced materials under IBM’s quantum umbrella, complementing IBM’s established leadership in superconducting qubit architectures.