Spectral Capital Acquires Quantomo OÜ to Bolster Quantum Search Capabilities
September 10, 2024
Spectral Capital Corporation (FCCN) has acquired Quantomo OÜ, a developer of quantum tomography and quantum-enhanced search algorithms, to accelerate its Quantum Bridge initiative and decentralized QaaS offerings. The deal (reported at approximately $7.9 million) brings Quantomo's quantum search technology into Spectral's stack to expand capabilities across search, healthcare, finance and energy verticals.
- Buyers
- Spectral Capital Corporation
- Targets
- Quantomo OÜ
- Industry
- AI & Machine Learning
- Location
- Estonia
- Transaction Type
- Buyout
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