Quantum
IonQ Completes Acquisition of Zero Trust Security Company Elisity
Publication: The Quantum Insider
Author: Mohib Ur Rehman
Source published: 04/11/2026, 18:20:27 UTC
Briefing created: 04/11/2026, 18:51:49 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 04/11/2026, 18:49:25 UTC.
Briefings
IonQ completed an all-stock acquisition of Elisity, Inc., adding Zero Trust security technology to its portfolio. The deal involved IonQ issuing $1.15 billion in common stock, with sellers eligible for up to $150 million in additional consideration based on revenue milestones. Elisity's platform helps organizations discover connected assets, assess network risks, and enforce identity-based Zero Trust policies. The combination extends IonQ's quantum security strategy by integrating post-quantum cryptography (PQC) and quantum key distribution (QKD) capabilities. Niccolo de Masi, Chairman and CEO of IonQ, stated the acquisition brings together these technologies for organizations that depend on them. James Winebrenner, CEO of Elisity, noted that customers will continue to use existing teams and platforms. The deal closes on November 4, 2026, with performance milestones tracked through January 2028.
Key points
- IonQ completed an all-stock acquisition of Elisity, Inc., adding Zero Trust security technology to its portfolio.
- IonQ issued $1.15 billion in common stock at closing, with sellers eligible for up to $150 million in additional consideration based on revenue milestones.
Context
IonQ, the world's leading full-stack quantum platform and foundry, completed its acquisition of Elisity, Inc., a Zero Trust security company. This transaction adds Zero Trust technology to IonQ's existing portfolio of post-quantum cryptography (PQC) and quantum key distribution (QKD) capabilities, creating a single platform for organizations that depend on it. The deal was finalized on November 4, 2026, with performance milestones tracked through January 2028.
Limitations
Evidence covers the closing of the all-stock acquisition on November 4, 2026, with performance milestones tracked through January 2028. Specific revenue figures, exact customer counts, and detailed deployment locations are not provided in the source evidence.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 04/11/2026, 18:51:49 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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