IBM agrees to acquire HRL Laboratories

Reuters2026/07/23 11:09

By:Reuters

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IBM agreed to acquire HRL Laboratories, a research institution jointly owned by Boeing and General Motors.
Deal targets HRL’s silicon-spin qubit and quantum sensing capabilities to broaden IBM’s quantum computing platform beyond superconducting qubits.
Boeing and GM will continue partnering with IBM on quantum applications and advanced technology development post-transaction.
IBM expects HRL to add capabilities in quantum materials, cryogenics, control electronics, interconnects, packaging, and sensing to support long-term scaling.
Financial terms were not disclosed; closing is expected by end of Q3 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IBM - International Business Machines Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: NY11001) on July 23, 2026, and is solely responsible for the information contained therein.

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IBM agrees to acquire HRL Laboratories

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