QuantumCore Acquires Avalanche PhotoniQ Inc.
September 11, 2026
QuantumCore completed its acquisition of 100% of Avalanche PhotoniQ Inc. for C$2.0 million, comprising cash consideration and a production-based milestone payment, with a potential additional earn-out. The acquisition adds Avalanche’s single-photon detector technology and intellectual property to QuantumCore’s quantum hardware portfolio, broadening the company’s reach across quantum computing architectures and related markets.
- Buyers
- QuantumCore
- Targets
- Avalanche PhotoniQ Inc.
- Industry
- Manufacturing
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Quantum Computing Inc. Completes Acquisition of NHanced Semiconductors for $73.1 Million
June 23, 2026
Cloud & SaaS
Quantum Computing Inc. (QCi) completed its acquisition of NHanced Semiconductors in a deal valued at $73.1 million, consisting of cash and QCi stock, subject to customary adjustments. The consideration also includes up to an additional $72 million if performance targets are achieved, with NHanced operating as a wholly owned subsidiary.
-
Quantum Computing Inc. Acquires Luminar Semiconductor, Inc. for $110 Million
February 5, 2026
Cloud & SaaS
Quantum Computing Inc. (QCi) completed an all-cash acquisition of Luminar Semiconductor, Inc. (LSI) from Luminar Technologies, Inc. for $110 million. The deal strengthens QCi’s roadmap to build a vertically integrated, domestic photonics and quantum platform by bringing lasers, detectors, packaging, and manufacturing capabilities together with QCi’s thin-film lithium niobate (TFLN) technology.
-
IonQ Acquires Controlling Stake in ID Quantique
May 6, 2025
Cybersecurity
IonQ has completed the acquisition of a controlling stake in ID Quantique (IDQ), adding IDQ's quantum key distribution (QKD) systems, quantum random number generators (QRNGs) and single-photon detectors to its product portfolio. The deal expands IonQ's quantum networking and secure-communications capabilities, brings nearly 300 granted and pending patents to IonQ's IP estate, and strengthens its position in national and international quantum communications initiatives.
-
Teradyne to Acquire Quantifi Photonics
March 13, 2025
IT Services
Teradyne has entered into a definitive agreement to acquire privately held Quantifi Photonics, a photonic IC testing leader. The deal is expected to close in the second quarter of 2025, subject to customary closing conditions, enabling Teradyne to deliver scalable photonic integrated circuit (PIC) test solutions for AI-driven compute markets.
-
AI/ML Innovations Inc. Acquires Quantum Sciences Ltd
December 10, 2024
AI & Machine Learning
AI/ML Innovations Inc. entered into a binding share purchase agreement to acquire all issued and outstanding shares of Quantum Sciences Ltd for a purchase price of $690,000 to be paid by the issuance of 10,000,000 common shares. The acquisition (SPA dated December 9, 2024) brings digital health AI/ML and quantum‑inspired capability into AI/ML Innovations' portfolio and remains subject to customary closing conditions and CSE approval.
-
MKS Instruments Acquires Photon Control
May 10, 2021
Manufacturing
MKS Instruments agreed to acquire Photon Control Inc. in an all-cash transaction valued at approximately CAD$387 million (enterprise value ~CAD$343 million). The acquisition expands MKS's sensing capabilities—adding optical sensors for temperature and position used in semiconductor wafer fabrication—and is expected to be accretive to non-GAAP net earnings within 12 months, with closing expected in Q3 2021 subject to customary approvals.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.