28/10/2026
Intel just agreed to acquire Classiq Technologies for a reported $2.2 billion. The largest Israeli tech acquisition since Mobileye in 2017.
Classiq was founded in Israel and developed a quantum software platform that lets developers build quantum applications without needing deep expertise in circuit design.
The deal reflects something consistent about where Israel’s competitive advantage sits in the quantum race. Israel is building the software, tools, and infrastructure layers that make quantum computing usable at scale, and that is where some of the most consequential work is happening.
Israel’s quantum ecosystem now has its first major landmark exit. The companies currently developing the next layer of that ecosystem are watching closely.
We are proud to have supported Classiq in its early stages and this is exactly the kind of outcome that early-stage investment in deep tech is meant to enable.
Read more here: https://www.jpost.com/business-and-innovation/article-913011?shem=aimgspe,
The US chipmaker signed an agreement to buy the Israeli quantum software company, reportedly for $2.2b, in a bid to offer both quantum hardware and software.