--- title: Intel to buy quantum software firm Classiq for about $2.3bn description: Intel has agreed to buy Classiq, an Israeli startup making quantum programming software, in a deal reportedly worth about $2.3bn. Classiq's platform lets... canonical: https://daily.dev/posts/intel-to-buy-quantum-software-firm-classiq-for-about-2-3bn-ramqmj6ju twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Intel to buy quantum software firm Classiq for about $2.3bn | daily.dev og:description: Intel has agreed to buy Classiq, an Israeli startup making quantum programming software, in a deal reportedly worth about $2.3bn. Classiq's platform lets... og:url: https://daily.dev/posts/intel-to-buy-quantum-software-firm-classiq-for-about-2-3bn-ramqmj6ju og:image: https://api.daily.dev/og/posts/ramQMJ6JU.png og:image:alt: Intel to buy quantum software firm Classiq for about $2.3bn og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Intel to buy quantum software firm Classiq for about $2.3bn **[The Next Web](https://daily.dev/sources/tnw)** · 2 min read · 0 upvotes · 0 comments ## Summary Intel has agreed to buy Classiq, an Israeli startup making quantum programming software, in a deal reportedly worth about $2.3bn. Classiq's platform lets developers describe what a program should do and auto-generates the quantum circuit, working across different quantum hardware. Its customers include BMW and HSBC. Intel CEO Lip-Bu Tan said the deal makes Intel's Quantum Computing Group a 'full-stack' business, combining its own qubit chips with Classiq's software. Intel plans to keep Classiq's software compatible with other companies' hardware and turn it into Intel's global quantum development center. The deal should close in the first half of 2027, pending regulatory approval. Classiq had raised over $200m and was valued at $600m to $700m in 2025. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### How much is Intel paying to acquire Classiq? The deal is reportedly worth about $2.3bn, according to Bloomberg, citing people familiar with the matter. Intel did not confirm the figure when announcing the acquisition and declined to comment on the price. Classiq had previously raised just over $200m and was valued at $600m to $700m in 2025. _Track how quantum computing deals and valuations evolve by following coverage on daily.dev._ ### What does Classiq's quantum software platform actually do? Classiq lets developers describe what they want a quantum program to do, then automatically designs the quantum circuit, similar to how chip design software works for regular processors. It works across different types of quantum hardware, not just one vendor's chips. Its customers include BMW and HSBC. _Developers exploring quantum programming tools can keep up with platform comparisons on daily.dev._ ### Will Intel keep Classiq's quantum software compatible with other companies' hardware after the acquisition? Yes, Intel said it would keep Classiq's software working with other companies' quantum hardware rather than restricting it to Intel's own chips. Classiq will also become Intel's global development center for quantum computing. The deal is expected to close in the first half of 2027, subject to regulatory approval. _Anyone weighing vendor lock-in risk in emerging tech stacks can follow these shifts on daily.dev._ ## Similar posts on daily.dev - [Quantum Computing Is Getting Real. Developers Have An Opportunity.](https://daily.dev/posts/quantum-computing-is-getting-real-developers-have-an-opportunity--u16dqssi0) · SD Times · 2 upvotes · 0 comments - [Israeli Quantum Startups Eye Wall Street as SPAC Interest Accelerates](https://daily.dev/posts/israeli-quantum-startups-eye-wall-street-as-spac-interest-accelerates-4csorgrka) · The Quantum Insider · 0 upvotes · 0 comments - [Scientek and Classiq Partner to Accelerate Quantum Software Adoption in Taiwan](https://daily.dev/posts/scientek-and-classiq-partner-to-accelerate-quantum-software-adoption-in-taiwan-xsbd3vsvx) · The Quantum Insider · 0 upvotes · 0 comments - [France’s Quobly raises €115M to put a quantum computer on a silicon chip](https://daily.dev/posts/france-s-quobly-raises-115m-to-put-a-quantum-computer-on-a-silicon-chip-nd866sw26) · The Next Web · 0 upvotes · 0 comments --- Tags: [#business](https://daily.dev/tags/business), [#quantum-computing](https://daily.dev/tags/quantum-computing), [#intel](https://daily.dev/tags/intel) [View this post on daily.dev](https://daily.dev/posts/intel-to-buy-quantum-software-firm-classiq-for-about-2-3bn-ramqmj6ju) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Intel to buy quantum software firm Classiq for about $2.3bn","url":"https://daily.dev/posts/intel-to-buy-quantum-software-firm-classiq-for-about-2-3bn-ramqmj6ju","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/intel-to-buy-quantum-software-firm-classiq-for-about-2-3bn-ramqmj6ju"},"datePublished":"2026-10-27T14:29:31.815Z","dateModified":"2026-10-28T18:21:53.712Z","description":"Intel has agreed to buy Classiq, an Israeli startup making quantum programming software, in a deal reportedly worth about $2.3bn. 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