D-Wave Systems to Go Public via Merger With DPCM Capital (SPAC) to Form D-Wave Quantum Inc
February 8, 2022
D-Wave Systems Inc. entered into a definitive agreement with DPCM Capital, Inc. to go public through a business combination with the SPAC. At closing, a newly formed parent company, D-Wave Quantum Inc., is expected to trade on the NYSE under the ticker “QBTS.” The combined company plans to use proceeds to accelerate in-production quantum applications and expand its commercial quantum computing platform.
- Buyers
- DPCM Capital, Inc., D-Wave Quantum Inc.
- Targets
- D-Wave Systems Inc.
- Industry
- AI & Machine Learning
- Location
- British Columbia, Canada
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
D-Wave Quantum Acquires Quantum Circuits to Build Dual-Platform Quantum Computing Company
January 23, 2026
AI & Machine Learning
D-Wave Quantum Inc. completed its previously announced acquisition of Quantum Circuits Inc. in a $550 million deal. The acquisition brings Quantum Circuits’ error-corrected superconducting gate-model (dual-rail qubit) technology into D-Wave’s dual-platform strategy, accelerating development of a scaled, error-corrected gate-model quantum computer alongside its commercial annealing systems.
-
TradeStation Group to Become Public via Business Combination with Quantum FinTech Acquisition Corporation
December 27, 2021
Financial Services
TradeStation Group, Inc. filed a registration statement on Form S-4 in connection with its proposed business combination with Quantum FinTech Acquisition Corporation (a SPAC), under which TradeStation would become a public, NYSE-listed company. The transaction was executed via a definitive business combination agreement and is expected to close in the first half of 2022, subject to shareholder and SEC approvals and other customary conditions.
-
Horizon Quantum Computing Completes Business Combination with dMY Squared Technology Group
March 19, 2026
Cloud & SaaS
Horizon Quantum Computing Pte. Ltd. completed its previously announced business combination with publicly traded SPAC dMY Squared Technology Group, Inc. The combined company began trading on Nasdaq on March 20, 2026 under the ticker symbols "HQ" (Class A shares) and "HQWWW" (warrants). The transaction provided Horizon with gross proceeds of approximately $120 million before transaction expenses.
-
IQM Quantum Computers to Go Public via Merger with Real Asset Acquisition Corp
February 23, 2026
AI & Machine Learning
IQM Finland Oy, a full-stack superconducting quantum computing company, entered into a definitive business combination agreement to merge with Real Asset Acquisition Corp. (RAAQ), a Nasdaq-listed SPAC, to become a publicly listed European quantum company. The transaction is expected to provide IQM with more than USD 450 million in cash at closing (including cash in RAAQ’s trust, PIPE proceeds, warrant exercise proceeds, and IQM’s existing cash).
-
dMY Technology Group III Completes Business Combination with IonQ
September 30, 2021
AI & Machine Learning
dMY Technology Group, Inc. III completed its previously announced business combination with IonQ, Inc., and the combined company began trading on the NYSE under the ticker IONQ on October 1, 2021. The transaction provided IonQ with approximately $636 million in gross proceeds to fund growth and accelerate commercialization of its trapped‑ion quantum computing systems and cloud services.
-
Quantum Lifecycle Partners Acquires DCR Systems Group Inc.
December 11, 2024
Environmental Services
Quantum Lifecycle Partners has acquired DCR Systems Group Inc., an IT asset management and disposition provider based in Richmond Hill, Ontario. The deal expands Quantum's end-to-end electronics lifecycle services — including deployment, rental, repair, asset disposition and recycling — and increases the combined company's Canadian footprint and capabilities.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.