IBM agrees to acquire HRL Laboratories
IBM Corp
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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.
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