IBM Acquires HRL Laboratories to Advance Quantum Computing

IBM has agreed to acquire HRL Laboratories, an R&D entity jointly owned by Boeing (BA) and General Motors (GM), in a move aimed at accelerating its quantum computing initiatives. The acquisition is expected to enhance IBM's capabilities in silicon-spin qubit engineering and support the development of scalable quantum technologies. Both Boeing and GM will maintain partnerships with IBM for future quantum applications after the deal closes. HRL Laboratories brings expertise across multiple domains, including quantum sensing, materials science, advanced manufacturing, and high-speed communications. The company has a long history of R&D work for commercial clients as well as U.S. government projects. HRL's president and CEO expressed optimism about leveraging IBM’s leadership in the field to advance fundamental infrastructure for future quantum systems. The deal is subject to regulatory approvals and expected to close by the end of Q3 2026. The financial terms were not disclosed, but the acquisition aligns with IBM's broader strategy to industrialize quantum technologies and strengthen its position as a leader in next-generation computing.

By Anwesha Pattanaik Fri, July 24, 2026 at 11:38 AM GMT+3 3 min read · Yahoo Finance ·

IBM Acquires HRL Laboratories to Advance Quantum Computing

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Topics: quantum computing R&D acquisition technology partnership

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