IonQ (IONQ.US) acquires Elisity in an all-stock deal worth 1.3 billions dollars: Quantum computing valuation starts to monetize with the trending concept of cybersecurity.

Golden Ten Data has learned that quantum computing company IonQ (IONQ.US) has agreed to acquire Elisity in an all-stock deal valued at up to $1.3 billion, aiming to expand its cybersecurity platform to defend against AI-assisted attacks and emerging quantum threats. The Maryland-based company stated in a press release on Monday that Elisity, a rapidly growing enterprise security company, will enhance IonQ’s expanding quantum security product line. Out of the $1.3 billion consideration, up to $150 million is contingent on performance targets.