Acquisition of Oxford Ionics for $1.1bn shows advances in processing are kick-starting dealmaking

Acquisition will lead to latest departure from London’s stock market

Acquisition of Oxford Ionics for $1.1bn shows advances in processing are kick-starting dealmaking

Interest in quantum computing has skyrocketed in recent months following recent announcements from major technology players like Microsoft and Alphabet.

IonQ announced an agreement Monday to buy Oxford Ionics for $1.075 Billion.

Business whose advisers include former MI6 chief and ex-CIA deputy director valued at more than £250mn