IonQ completes $1.15 billion all‑stock acquisition of Zero‑Trust security firm Elisian
IonQ announced the closing of its all‑stock purchase of Elisian, a Zero‑Trust security company, for $1.15 billion in IonQ common stock. The transaction includes an earn‑out that could add up to $150 million if Elisian meets revenue milestones through January 2028. Post‑acquisition, Elisian will remain under its current leadership and continue serving its existing enterprise customers while its technology is integrated with IonQ’s post‑quantum cryptography and quantum key distribution solutions.
Why it matters
IonQ says the deal expands its addressable enterprise and government market by adding Elisian’s 100+ deployments and Zero‑Trust capabilities, creating a single platform that protects against both current cyber threats and future quantum attacks. The additional $150 million earn‑out ties future consideration to Elisian’s performance, potentially diluting existing shareholders if milestones are met.
Key facts
- 1IonQ issued $1.15 billion of consideration in common stock at closing. tradingview.com
- 2The sellers may earn up to an additional $150 million based on revenue milestones through January 2028. ionq.com
- 3Elisian has more than 100 established enterprise deployments. stocktitan.net
- 4Elisian will continue to operate under its current leadership after the acquisition. ionq.com
- 5The acquisition combines post‑quantum cryptography, quantum key distribution and Zero‑Trust security into a single platform. stocktitan.net
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.