D-Wave Quantum Acquires Quantum Circuits

Paul, Weiss advised D-Wave Quantum Inc., a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, in its $550 million cash-and-stock acquisition of Quantum Circuits Inc., a leading developer of error-corrected superconducting gate-model quantum computing systems. The transaction secures D-Wave's position as the only company capable of addressing the full quantum computing opportunity with industry-leading gate-model and annealing quantum computing technology.

The Paul, Weiss team was by corporate partners Stan Richards, Adam Givertz and Christian Kurtz, and included partners Christopher Cummings, Julie Ann Lamm, Peter McCormack and Steven Kaye; intellectual property partners Jonathan Ashtor and Brianna van Kan; executive compensation partners Christopher Gonnella and Matthew Friestedt; tax partners Sohail Itani and Brian Krause; antitrust partner Yuni Sobel and counsel Todd Hahn and John Magruder; and litigation partner Pietro Signoracci.