27 Oct 2026
Intel agrees to buy Classiq to build a full-stack quantum business
No price was disclosed. Intel says it will keep Classiq's software working across rival qubit hardware after the deal closes, which it…
Quantum software company founded in 2020 whose platform turns high-level algorithm models into optimised circuits for any quantum computer or simulator. Intel agreed to acquire it in October 2026.
Classiq is a quantum computing software company founded in 2020 by Nir Minerbi, Amir Naveh and Yehuda Naveh. It sells a platform for building quantum algorithms at a high level and leaves the circuit-level work to automation. On 26 October 2026 Intel announced a definitive agreement to acquire the company, with completion expected in the first half of 2027 subject to regulatory approval; until then Classiq operates independently.
Programming a quantum computer has usually meant designing circuits gate by gate for one machine. Classiq's platform lets a developer describe what an algorithm should do, then synthesises an optimised circuit for the hardware or simulator chosen. Intel compares this to the role electronic design automation software plays in classical chip design. The company describes its product as an enterprise quantum software engineering platform, built around its own modelling language, Qmod, an AI-assisted natural language interface and an algorithm library published on GitHub, with documentation and a hosted platform for running jobs. Intel's release adds that the platform supports hardware benchmarking, cost and performance optimisation and execution across quantum hardware platforms. Classiq states that it is SOC 2 and GDPR compliant.
Classiq's site lists finance, chemistry and pharmaceuticals, healthcare, manufacturing, logistics, cybersecurity, energy and networks, automotive and aerospace among the sectors it works with, along with universities and quantum hardware makers. Testimonials on its site come from people at KPMG, BMW Group, HSBC, NTT DATA, Mitsubishi Chemical, Rolls-Royce and the Fraunhofer institutes, and from the hardware companies OQC and AQT. Intel says the platform is used by dozens of global enterprises.
Founded: 2020 Founders: Nir Minerbi (chief executive), Amir Naveh (chief product officer), Dr. Yehuda Naveh (chief technology officer) Offices: United States, Japan, Germany, South Korea, France, the Netherlands, India, Italy, Singapore and Israel Funding: more than $200 million raised, as the company states it Products: quantum algorithm design platform, Qmod modelling language, AI-assisted natural language interface Ownership: Intel agreed to acquire it on 26 October 2026, completion expected in the first half of 2027
Profile written by TrustList from the business's own published information, Oct 2026.
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Updated 10/27/2026
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