Quantum

Horizon Quantum plans to acquire Entropica Labs for $27 million.

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 05/11/2026, 14:49:24 UTC.

Briefings

Horizon Quantum Holdings Ltd. announced a non-binding letter of intent to acquire Entropica Labs Pte. Ltd., a Singapore-based quantum software firm, for approximately $27 million USD in Horizon Quantum Class A ordinary shares. This transaction remains subject to due diligence, audits, and other customary closing conditions. The acquisition targets Entropica's expertise in error correction and fault tolerance for quantum applications.

Key points

• Horizon Quantum Holdings Ltd. signed a non-binding letter of intent to acquire Entropica Labs Pte. Ltd. for approximately $27 million USD in Horizon Quantum Class A ordinary shares.
• The proposed transaction is subject to completion of due diligence, related audits, definitive agreements, and satisfaction of other customary conditions.

Context

Horizon Quantum Holdings Ltd. (Nasdaq: HQ) is a pioneer of software infrastructure for quantum applications. Entropica Labs specializes in error correction and fault tolerance, areas critical for advancing quantum computing. This acquisition targets specific technical capabilities within the quantum software sector.

Limitations

The evidence is limited to a press release from November 2026. The transaction is non-binding and subject to further due diligence and audits. No specific dates for closing, final valuation, or integration plans are provided in the source.

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