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Startups·1 min read

Intel to Buy Israeli Quantum Software Startup Classiq for $1.9B

Intel plans to acquire Israeli quantum software startup Classiq for $1.9 billion. The company raised $110 million in 2025, with IonQ, AMD and Qualcomm Ventures among investors.

Abstract illustration of a quantum circuit beside a computer chip, representing Intel's acquisition of quantum software startup Classiq.
Image: techinasia.com
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Intel is set to acquire Classiq, an Israeli quantum software startup, in a deal valued at $1.9 billion.

Classiq develops software for quantum computing. The company raised $110 million in 2025, and IonQ, AMD and Qualcomm Ventures joined a later funding round. That mix of backers spans quantum hardware and mainstream chipmaking, which points to broad industry interest in the startup's technology.

Why it matters

The price makes the deal a notable bet on the software layer of quantum computing. Hardware has drawn most of the attention, but programming quantum machines remains a hurdle, and software tools are central to making them usable. For Intel, buying a specialist in this area would add capabilities beyond chip development.

The transaction also underlines Israel's role as a source of deep-tech startups that attract large global chipmakers and investors.

What comes next

Details such as the expected closing timeline, regulatory approvals and how Classiq will be integrated into Intel have not been made available. Deals of this size typically depend on customary conditions before they are completed, so the practical impact on Intel's quantum plans will become clearer once those terms are published.

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Tags:intelclassiqquantum computingacquisitionionqamd

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