IBM to Acquire HRL Laboratories to Expand Quantum Computing, Sensing and Materials Research
July 23, 2026
IBM has signed a definitive agreement to acquire HRL Laboratories, LLC (HRL), a research and development institution focused on quantum computing and sensing. HRL is jointly owned by Boeing and General Motors, and both will continue to partner with IBM on quantum applications and advanced technology development after the transaction.
- Buyers
- IBM
- Targets
- HRL Laboratories, LLC (HRL)
- Sellers
- Boeing, General Motors
- Industry
- AI & Machine Learning
- Location
- California, United States
- Transaction Type
- Buyout
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