Quantum: IonQ Acquires Oxford Ionics for Record $1B

June 12, 2025: IonQ earlier this week it has agreed to acquire Oxford Ionics for US$1.075 billion, the largest deal in the quantum computing industry to date, according to IonQ. The transaction will consist mostly of US$1.065 billion in IonQ shares (representing around 10 percent of IonQ’s market cap of ~US$10 billion at the time […]

Quantum Startup Oxford Ionics Appoints Former Arm CTO/EVP

Oxford, 30 August 2023: Quantum startup Oxford Ionics has appointed former Arm CTO and EVP Dipesh Patel as a non-executive director. Patel was with Arm before becoming an operating partner at Cambridge Innovation Capital. The announcement follows £2 million in funding from the UK’s National Security Strategic Investment Fund (NSSIF) which Oxford Ionics will use […]