IonQ to acquire zero-trust security firm Elisity in all-stock deal valued up to $1.3 billion

IonQ agreed to acquire Elisity, a zero-trust security company, in an all-stock deal valued at up to $1.3 billion, including up to $150 million in performance earnouts. The number of IonQ shares issued will be set at closing using a 20-day VWAP, bounded between $33.07 and $49.61. Closing is expected in the fourth quarter of 2026, subject to regulatory approval.

• Valued at up to $1.3 billion, all stock, including up to $150 million in earnouts
• Share count set at closing from the 20-day VWAP, bounded between $33.07 and $49.61
• Expected close in Q4 2026, subject to regulatory approval
• Elisity's IdentityGraph sets least-privilege access policies for users, devices, workloads and AI agents