Another quantum computing acquisition
Listing and acquisition are the only way for an industry to grow, and quantum computing is on this road.
Since 2021, three companies, IonQ, Rigetti and D-Wave, have entered the listing stage, and mergers and acquisitions are also increasing. Honeywell’s quantum computing division and Cambridge Quantum merged to form Quantinuum, and French quantum computing hardware company Pasqal acquired quantum algorithms. Company Qu&Co. Now, another quantum computing acquisition has emerged.
On March 30, Quantum Machines (QM), a provider of the first general-purpose quantum computing cloud infrastructure, announced the acquisition of QDevil, a Danish quantum computing leader. The addition of QDevil's industry-leading products and unique expertise complements QM's goal of achieving a full-stack orchestration platform from both a hardware and software perspective, and strengthens QM's position as the world's leading provider of quantum control technology, offering everything from gate-level Total control solutions to qubits.
Since its inception in 2018, Quantum Machines has become a leading provider of quantum computing controls and operating systems for companies and research centers. The company announced major milestones in advancing quantum, releasing QUA, the first standard lingua franca for quantum computers, the Quantum Orchestration Platform (QOP), and the latest Pulse Processing Unit to help quantum R&D teams increase productivity by orders of magnitude.
The acquired QDevil was established in 2016 and is headquartered in Copenhagen, Denmark, focusing on the development and manufacture of auxiliary electronic devices and special components, operating temperature from millikelvin (mK) to room temperature, these devices and components for QPU (quantum processor) Running is critical. QDevil has released five products:
QFilter is QDevil's first product: a compact multistage low-pass filter that suppresses noise and ensures mK electron temperatures in up to 48 signal lines (connected to quantum electronics and other sensitive cryogenic electronic circuits). QDevil sold 22 QFilters in its first year.
QBox: A fully shielded breakout box dedicated to electronics labs and cryogenic experiments.
QBoard: Modular, PCB-based cryogenic sample holder system for cryogenic electronics.
QDAC Series: A high precision, low noise computer controlled voltage generator designed for DC and low frequency control of high impedance devices such as gates in quantum electronics and quantum computer qubits. In August 2021, the second-generation ultra-low noise high-resolution 24-channel voltage source QDAC-II was released.
The company's latest product, released in November 2021, is the QCage, a new sample holder system designed to hold superconducting quantum processors with dozens of qubits.
Through the acquisition, QM will leverage outstanding talent and expertise in quantum electronics as the company's auxiliary electronics division. Cryogenic technology products for enhanced qubit performance are also integrated into existing QOPs, providing customers with an ever-improving control solution with unmatched performance.
QM employs an interdisciplinary team of more than 80 physicists and engineers in Israel, France, Germany, Canada and the United States. The company has experienced rapid expansion over the past year, including a $50 million funding round, and the addition of QDevil will significantly strengthen the QM team, providing QM with a strong base in Europe and access to top talent in the region. QM plans to expand its Copenhagen base in the next few years.
Dr. Itamar Sivan, Co-founder and CEO of QM said: "We are very excited to add the QDevil team to the QM family. The addition of their unique expertise in auxiliary electronics and quantum hardware is a great fit for our team and will help us Continue to accelerate the realization of useful quantum computers."
Dr. Jonatan Kutchinsky, CEO of QDevil, said: "QDevil is one of the leading suppliers of quantum computing electronics and we are delighted to join QM, a company whose mission and goals are fully aligned with ours. Together we will continue to further develop Denmark the quantum community and provide revolutionary technology that will allow companies developing quantum computers to seamlessly realize the potential of their quantum processors."
Currently, the transaction is awaiting regulatory approval from the Danish government.
About Quantum Machines
QM's Quantum Orchestration Platform (QOP) fundamentally redefines the architecture of the quantum control stack used to control and operate quantum processors. A full-stack hardware and software platform capable of running the most complex algorithms out of the box, including quantum error correction, multi-qubit calibration, and more. QOP helps realize the full potential of any quantum processor and scales to thousands of qubits capabilities.
Link:
[1] https://www.quantum-machines.co/blog/quantum-machines-acquires-qdevil/
[2]https://thequantuminsider.com/2020/10/20/devils-mission-to-develop-produce-electronics-specialized-components-for-quantum-electronics-research/
[3] https://thequantuminsider.com/2021/11/18/tqd-exclusive-qdevil-developing-technology-to-accelerate-quantum-research-nurture-quantum-industry/
