(PR) Intel to Acquire Classiq to Create a Full-stack Quantum Computing Platform

Intel Corporation today announced that it has entered into a definitive agreement to acquire Classiq, a leading provider of quantum computing software. The combination of Classiq's synthesis platform with Intel's spin-qubit manufacturing and existing software would create a user-friendly full-stack quantum computing platform, enabling the promising technology to mature into a mainstream computing business.

More than forty years ago, the invention of Electronic Design Automation (EDA) and Computer-Aided Design (CAD) software transformed silicon chip design and classical computing by providing a common software platform that could abstract the ability to design chips from the complexity of the underlying hardware. Classiq plays a similar role in quantum computing, providing a unifying software platform that is agnostic to the underlying qubit modality and hardware. Providing this high-level abstraction enables quantum computing to scale beyond custom hand-crafted circuits and applications to become a mainstream computing platform. Read full story