SEALSQ opens exclusive talks for Quobly quantum deal
It opens exclusive talks over a $200 million investment and potentially a staged acquisition of quantum chip developer Quobly.
Quobly is in the sights of SEALSQ, which has entered a non‑binding agreement, securing exclusive negotiations for a potential strategic investment and acquisition of the quantum computing firm.
Quobly, described as a pioneer in quantum microelectronics, is developing silicon‑based quantum processors.
Together, the European firms aim to establish a reference platform for secure‑by‑design quantum computing.
The new arrangement envisages a multi‑stage transaction and follows a strategic collaboration that's been underway since November. The venture is backed by SEALSQ’s Quantum strategy and its dedicated Quantum Fund, which aims to accelerate sovereign, secure, and industrial‑scale quantum technologies across Europe.
If completed, a transaction would potentially see a total investment of around $200 million by SEALSQ in return for a majority stake in Quobly.
Quobly CEO and co-founder Maud Vinet described it as an important step in the firm's QUOBLY’s industrial journey.
"Joining forces with a global leader in post‑quantum security and semiconductor expert accelerates our ability to bring secure, scalable silicon‑based quantum processors to market, and to expand internationally while consolidating our technological roadmap,” Vinet said in an announcement.
Carlos Moreira, SEALSQ CEO, meanwhile, added: “The proposed acquisition of QUOBLY is fully aligned with our Quantum roadmap.
"As quantum computing becomes a strategic infrastructure, security must be embedded at the hardware level from day one."
Moreira added that the combination could create "a unique platform to build sovereign, trusted, and industrialized quantum systems."
The Recap
- SEALSQ seeks to invest in and acquire Quobly.
- Transaction would involve approximately $200 million investment by SEALSQ.
- Parties enter exclusive negotiations under a non‑binding memorandum.
