IBM (NYSE: IBM) has signed a definitive agreement to acquire HRL Laboratories, LLC (HRL), the Malibu-based research and development institution jointly owned by Boeing and General Motors. The acquisition expands IBM’s quantum hardware strategy, adding HRL’s expertise in silicon-spin qubits alongside its core superconducting qubit program. Following the transaction, both Boeing and GM will continue partnering with IBM to develop quantum applications and advanced industrial workloads. Adding a Dual-Track Modality via Silicon Fabrication While IBM’s hardware roadmap has historically centered on superconducting circuits, silicon-spin qubits offer a parallel path to fault tolerance. Because both modalities rely on advanced semiconductor fabrication techniques, [...]

Financial terms of the deal have not been disclosed

In alignment with federal initiatives to establish an integrated national research platform, IBM (NYSE: IBM) has announced a $50 million commitment in quantum computing access to…

IBM to Acquire HRL Laboratories to Power the Future of Quantum