The Investor
08 Jan 2026, 06:13
D-Wave Quantum announced an agreement to acquire Quantum Circuits for $550 million, comprising $300 million in D-Wave common stock and $250 million in cash. The transaction is expected to close in late January 2026, subject to regulatory approvals and NYSE listing clearance.
The acquisition combines D-Wave’s commercial annealing quantum computing platform with Quantum Circuits’ error-corrected superconducting gate-model technology, positioning the company to address the full quantum computing market. D-Wave plans to introduce its first commercially available superconducting gate-model system in 2026, alongside its existing annealing systems, accelerating the path toward scalable, fault-tolerant quantum computing.
Quantum Circuits’ dual-rail qubit architecture, which integrates built-in error detection, is expected to reduce the number of physical qubits required for logical qubits. As part of the deal, Quantum Circuits’ research team, including Yale professor and co-founder Rob Schoelkopf, will establish a D-Wave research and development center in New Haven, Connecticut, strengthening the combined company’s superconducting quantum research capabilities.
The acquisition combines D-Wave’s commercial annealing quantum computing platform with Quantum Circuits’ error-corrected superconducting gate-model technology, positioning the company to address the full quantum computing market. D-Wave plans to introduce its first commercially available superconducting gate-model system in 2026, alongside its existing annealing systems, accelerating the path toward scalable, fault-tolerant quantum computing.
Quantum Circuits’ dual-rail qubit architecture, which integrates built-in error detection, is expected to reduce the number of physical qubits required for logical qubits. As part of the deal, Quantum Circuits’ research team, including Yale professor and co-founder Rob Schoelkopf, will establish a D-Wave research and development center in New Haven, Connecticut, strengthening the combined company’s superconducting quantum research capabilities.
