Intel agrees to buy Classiq to build a full-stack quantum business

Intel agrees to buy Classiq to build a full-stack quantum business

26 October 2026: Intel has signed a definitive agreement to acquire Classiq, a quantum computing software company with roots in Tel Aviv, and says the deal will turn its Quantum Computing Group into a business that sells everything from qubit chips to the software used to program them. Neither company has disclosed a price. The acquisition needs regulatory approval and is expected to close in the first half of 2027.

Not yet independently verified. Intel's release gives no price, and we have not seen one stated by either company; figures reported in the press are not repeated here. Classiq has not published its own statement on the deal on its site. We will update this when it can be confirmed, and remove this note.

Until then the two remain separate, independent companies. Intel announced the agreement after the US market close on 26 October, with a dateline from Santa Clara and Tel Aviv.

What Classiq makes and who uses it

Classiq sells a platform for designing quantum algorithms at a high level and turning them into circuits that run on a given machine. Intel compares its role to the one electronic design automation software played for classical chips: engineers describe what an algorithm should do, and the software synthesises an optimised circuit for the hardware chosen. Classiq's own site describes a modelling language, Qmod, an AI-assisted natural language interface and an algorithm library published on GitHub, and says users can run their algorithms "on any quantum hardware or simulator". It lists offices in the United States, Japan, Germany, South Korea, France, the Netherlands, India, Italy, Singapore and Israel.

Intel's release says the platform is used by dozens of global enterprises and supports hardware benchmarking, cost and performance optimisation, and execution across quantum hardware platforms.

Why Intel wants the software layer

Intel has worked on quantum computing since 2015, building its approach on spin qubits made with the same silicon manufacturing it uses for processors. It says combining that with Classiq's synthesis platform makes it a full-stack quantum provider, and that it expects to add quantum processing units to its portfolio of CPUs, GPUs and ASICs.

"Joining forces with Classiq transforms Intel's Quantum Computing Group into a full-stack quantum computing business," said Lip-Bu Tan, Intel's chief executive. Nir Minerbi, Classiq's co-founder and chief executive, said: "Together, Intel and Classiq can help unlock the benefits of quantum computing and accelerate its adoption sooner."

A promise to stay hardware-neutral

The point that matters most to Classiq's existing customers is a commitment in the release. After closing, Intel says it intends to keep supporting Classiq's existing multi-platform integrations and to keep the software agnostic to qubit modality and hardware, so that it continues to serve an open quantum software ecosystem. Teams that write algorithms in Classiq today and run them on superconducting, trapped-ion or photonic machines from other suppliers have that statement to hold Intel to when the deal completes.

The release does not say what happens to Classiq's pricing, licence terms or partner agreements, or how long the multi-platform commitment lasts. Customers with contracts renewing in 2027 may want those questions answered in writing before the close.

Our catalogue lists Intel among 5,493 IT product providers. Classiq does not yet have a profile with us, and we have no quantum computing category; the deal is filed with our other acquisitions in business news.

Company profile on TrustList: Classiq

Sources

• Intel: Intel to Acquire Classiq to Create a Full-stack Quantum Computing Platform (investor relations release), 26 October 2026
• Intel Newsroom: Intel and Classiq to accelerate scalable quantum computing, 26 October 2026
• Classiq: company site (read 2026-10-27), 27 October 2026