IonQ Closes $1.8 Billion Acquisition of SkyWater Without FTC Conditions
Deals·1 article across 1 outlet
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IonQ Inc. will close its $1.8 billion acquisition of semiconductor foundry SkyWater Technology Inc. later this week after the Federal Trade Commission was unable to decide whether to impose conditions on the deal, according to people familiar with the matter.
The lack of consensus within the FTC allows the acquisition to proceed without any changes, marking a significant development in the quantum computing and semiconductor sectors.
IonQSkyWaterFTC
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“IonQ Inc. will close its $1.8 billion acquisition of semiconductor foundry SkyWater Technology Inc. later this week after the Federal Trade Commission was unable to decide whether to impose conditions on the deal, according to people familiar with the matter.”
Bloomberg — FTC Split Lets IonQ-SkyWater Quantum Deal Close Without Changes