Intel to acquire quantum software company Classiq
Intel has agreed to acquire Classiq, an Israeli developer of quantum computing software. The deal would combine Classiq’s software with Intel’s own silicon spin qubits and manufacturing, turning Intel’s quantum computing group into a full-stack business.
Classiq, based in Tel Aviv, has developed a platform for automated synthesis of quantum algorithms, according to a press release from Intel. The software works independently of the underlying hardware and qubit type. Intel compares its role to that of EDA and CAD software in conventional chip design: it lets developers build quantum applications without designing each circuit by hand.
Intel has invested in quantum computing since 2015. The company says it is the only one able to produce 2015 chips and complex cryogenic control electronics at scale, using the same equipment and processes as conventional silicon manufacturing.
“Joining forces with Classiq transforms Intel’s Quantum Computing Group into a full-stack quantum computing business,” says Lip-Bu Tan, CEO of Intel.
With the acquisition, Intel also plans to add quantum processing units (QPUs) to its portfolio of CPUs, GPUs and ASICs. After the deal closes, Intel says it will continue to support Classiq’s existing integrations with other hardware platforms, so that the software remains hardware-agnostic.
“Together, Intel and Classiq can help unlock the benefits of quantum computing and accelerate its adoption sooner,” says Nir Minerbi, co-founder and CEO of Classiq.
The deal is expected to close in the first half of 2027, subject to regulatory approvals. The companies have not disclosed the purchase price.
