# Intel to acquire quantum software maker Classiq for $2.3 billion

> Original title: Intel’s $2.3 Billion Bet on a Quantum Future is a Decade in the Making

- Source: The Next Platform
- Published: 2026-10-28T16:48:23.000Z
- Bad Influence: https://badinfluence.news/items/prgnjybr3jpj50ehcrv4meois
- Original: https://www.nextplatform.com/hpc/2026/10/28/intels-23-billion-bet-on-a-quantum-future-is-a-decade-in-the-making/5306068

## Summary

Intel announced plans to acquire Israeli quantum software company Classiq for $2.3 billion, with the deal expected to close in the second half of next year. Classiq's platform helps developers build quantum algorithms and applications, and Intel CTO Pushkar Ranade said the acquisition moves Intel's quantum group from research into a commercial business.