M&A
confidence high
sentiment positive
materiality 0.75
Quantum Computing Inc. (QUBT): M&A transaction — Quantum Computing completes $110M all-cash acquisition of Luminar Semiconductor
Quantum Computing Inc.
- Acquired LSI from Luminar Technologies (LAZR) for approx $110M; $97.5M paid at closing plus $11M in escrow.
- LSI brings lasers, detectors, packaging, and manufacturing to QCi’s TFLN photonics platform.
- Deal creates vertically integrated domestic provider of photonics and quantum platforms.
- LSI will operate as a wholly owned subsidiary; retains aerospace, defense, and industrial customer relationships.
- QCi elected not to pursue previously announced stalking horse bid for Luminar’s LiDAR assets.