Home/News Feed/IonQ shares drop 5% after $1.3bn deal to acquire cybersecurity firm Elisity. IonQ, a quantum computing company, saw its shares fall 5% following its agreement to acquire cybersecurity firm Elisity in an all-stock deal valued at up to $1.3 billion. The acquisition aims to combine IonQ's quantum cryptography capabilities with Elisity's enterprise security platform to enhance defense against cyber threats, including risks posed by advancing AI and quantum computing. The deal includes performance-based earnouts and is expected to close in Q4 2026, pending regulatory approval. This move follows IonQ's recent $1.8 billion acquisition of semiconductor maker SkyWater Technology, signaling its expansion into broader tech services beyond quantum hardware.
IonQ's market cap stands at $16.16 billion as of Oct 12, 2026, 21:11 WIB, with a trading volume of over 13 million shares on Pluang. Despite the recent acquisition news, IonQ's shares are down 9.38% on the day, reflecting a notable market reaction. The stock price is currently $36.15, and the enterprise value is $14.10 billion, indicating significant investor interest in the company's expanding technology portfolio.