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Announced $1B SPAC merger with Allegro Merger Corp, targeting Q2 2026 close
D-Wave Quantum closed its $550 million acquisition of Quantum Circuits in January 2026, adding Yale's dual-rail qubit technology to its quantum annealing platform. The deal is part of a nine-month consolidation spree: IonQ spent $1.08 billion on Oxford Ionics in June 2025 and announced a $1.8 billion SkyWater Technology acquisition in January 2026.
Updated May 19
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