AcquisitionsJun 23, 2026, 09:02 AM
Quantum Computing Acquires NHanced for $73.1M
AI Summary
Quantum Computing Inc. (QCi) has completed the acquisition of NHanced Semiconductors, Inc. for an initial consideration of $73.1 million, comprising cash and QCi stock. The deal also includes potential earnout payments of up to $72.0 million based on NHanced's future revenue and EBITDA performance. This strategic acquisition is expected to significantly enhance QCi's nanophotonics manufacturing capabilities, accelerate its commercialization roadmap, and strengthen its position in quantum and photonics technologies by launching 'Fab 2' and expanding its operational footprint.
Key Highlights
- Quantum Computing Inc. acquired NHanced Semiconductors, Inc. for $73.1 million.
- Initial consideration includes $68.1 million in cash and $5.0 million in QCi common stock.
- Up to an additional $72.0 million in earnout payments are possible based on performance targets.
- $20.0 million of cash consideration is held in escrow, contingent on NHanced revenue thresholds for 2027 and 2028.
- The acquisition launches 'Fab 2' and expands QCi's semiconductor and nanophotonics manufacturing capabilities.
- NHanced will operate as a wholly-owned subsidiary, strengthening QCi's vertical integration and commercialization efforts.
Price Impact
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