IonQ to acquire cybersecurity firm Elisity in all-stock deal worth up to $1.3 billion

IonQ says it will acquire cybersecurity company Elisity in an all-stock deal worth up to $1.3 billion, including up to $150 million in performance-based earnouts. The deal is expected to close in the fourth quarter, subject to regulatory approval, and Elisity will keep its leadership, including CEO James Winebrenner. IonQ shares fell more than 9% in afternoon trading.