IonQ has agreed to acquire Elisity, a zero trust security firm, in a deal that could be worth up to $1.3 billion. The all-stock transaction will fold Elisity's technology into IonQ's security business.
Elisity specializes in least-privilege access, a zero trust approach that limits user permissions to only what is necessary. This capability is intended to strengthen IonQ's security portfolio.
The acquisition reflects IonQ's push into security offerings. Financial details beyond the maximum price and stock-based structure were not disclosed in the source.