D-Wave Quantum (QBTS) acquired Quantum Circuits for $550 million, expanding its business from quantum annealing to full-stack quantum computing. The deal includes $250 million in cash and $300 million worth of QBTS stock, integrating Quantum Circuits’ dual-track qubit technology (with built-in error detection) into D-Wave’s product portfolio. This move extends D-Wave’s capabilities from optimization problems to areas such as differential equations and general-purpose computing. Although the company reported revenue of $3.7 million and an adjusted net loss of $18.1 million in Q3 2025, its cash reserves remain high at $836.2 million. QBTS stock has increased over 400% in the past year, with Wall Street’s average target price at $39.64.
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D-Wave acquires QBTS for $550 million, providing stronger security for its stock.
D-Wave Quantum (QBTS) acquired Quantum Circuits for $550 million, expanding its business from quantum annealing to full-stack quantum computing. The deal includes $250 million in cash and $300 million worth of QBTS stock, integrating Quantum Circuits’ dual-track qubit technology (with built-in error detection) into D-Wave’s product portfolio. This move extends D-Wave’s capabilities from optimization problems to areas such as differential equations and general-purpose computing. Although the company reported revenue of $3.7 million and an adjusted net loss of $18.1 million in Q3 2025, its cash reserves remain high at $836.2 million. QBTS stock has increased over 400% in the past year, with Wall Street’s average target price at $39.64.