D-Wave in $340M Deal to Bring Quantum Solutions to Public Markets
Burnaby Board of Trade member D-Wave Systems Inc
, a leader in development and delivery of quantum computing systems, software, and services, to go public through a proposed merger with DPCM Capital.
The transaction is expected to accelerate D-Wave’s ability to expand quantum computing beyond theory and government-funded research to innovative commercial quantum solutions for enterprises. It is also expected to result in up to $340 million USD.
D-Wave, a quantum computing company, builds and delivers quantum systems, cloud services, application development tools, and professional services to support the end-to-end quantum journey. We are the only company building both annealing and gate-model quantum computers. D-Wave is focused on delivering products and services that provide the fastest path to practical, real-world quantum applications with customer value.