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Home > Hardware > IonQ acquires the assets of Entangled Networks

IonQ acquires the assets of Entangled Networks

IonQ announced its acquisition of the operating assets of a Toronto-based company, named Entangled Networks.


Erdem Yasar Erdem Yasar
January 13, 2023
2 min read
IonQ acquires the assets of Entangled Networks
  • The acquisition supports IonQ’s efforts to build large-scale quantum computers by enabling computation across multiple distributed quantum processors
  • Entangled Networks team joins IonQ to work on next-generation networked quantum computer architectures and full-stack quantum compilers
  • IonQ expands investment in Canada, with the Entangled Networks team serving as a beachhead for IonQ in Toronto.

IonQ expands investment in Canada with the acquisition of operating assets of Entangled Networks, a Toronto-based company focused on enabling computation across multiple distributed quantum processors. With the acquisition, the Entangled Networks team will join IonQ to launch IonQ Canada, strengthening IonQ’s international presence.

Large-scale quantum computers

Entangled Networks is IonQ’s first corporate acquisition, which supports the company’s efforts to build large-scale quantum computers by enabling computation across multiple distributed quantum processors. With the acquisition, Entangled Networks team will join IonQ and work on next-generation networked quantum computer architectures and full-stack quantum compilers.

Peter Chapman, President and CEO of IonQ
Peter Chapman, President and CEO of IonQ

The acquisition also further realizes IonQ’s goal of developing quantum systems capable of supporting the quantum networks of the future. IonQ’s own quantum networking hardware is currently under development and the company expects to demonstrate early versions of the quantum network between two quantum computers in 2023. Peter Chapman, President and CEO of IonQ said,

« Partnering with Entangled Networks furthers our goal of making IonQ the world’s best performing quantum computing company. In acquiring the Entangled Networks assets, IonQ will benefit from not only some of the top experts in quantum architecture, but also from software tools that we intend to use to drive substantial speed-ups in our system performance. We are also excited about the opening of IonQ Canada. This expansion will help us better support the thriving quantum computing community in Canada and further our collaborations with IonQ partners and customers. »

See more Hardware News


Tags: IonQ
Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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