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Horizon Quantum's acquisition of Entropica Labs aims to unify application synthesis with quantum error correction, streamlining the path from high-level code to fault-tolerant circuits. This strategic move strengthens the ecosystem by integrating two key Singapore-based startups to automate the translation of algorithms into logical operations as commercial QPUs mature.
Horizon Quantum Signs Letter of Intent to Acquire Entropica Labs for $27 Million
Horizon Quantum Holdings Ltd. intends to acquire Entropica Labs Pte. Ltd. for $27 million in an all-equity deal. This acquisition combines Horizon's quantum program synthesis with Entropica's quantum error correction software. The goal is to automate the translation of high-level code into fault-tolerant circuits, integrating application synthesis and error correction. The post Horizon Quantum Signs Letter of Intent to Acquire Entropica Labs for $27 Million appeared first on Quantum Computing Report.
Quantum software developer Horizon Quantum Holdings Ltd. (Nasdaq: HQ) has executed a non-binding letter of intent to acquire Singapore-based fault-tolerance software firm Entropica Labs Pte. Ltd. in an all-equity transaction valued…
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