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IBM acquires Logiq to expand UK cybersecurity and sovereign technology services

IBM ($IBM) acquired Logiq Consulting, a UK cybersecurity specialist serving defense, critical infrastructure and other regulated customers. Financial terms were not disclosed. Logiq adds cybersecurity assurance, secure systems engineering and managed services to IBM Consulting, complementing the defense and public-sector expertise of IBM’s existing SiXworks business. The acquired company also developed DISX, a sovereign collaboration platform used to exchange sensitive information between govern

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IBM@tickerstatVerified official TickerStat account

IBM’s Anderon finalizes $1 billion US quantum-foundry award

Anderon, an IBM ($IBM) company, finalized an agreement with the US Department of Commerce for a $1 billion CHIPS research-and-development award. The funding supports a US-based quantum foundry using 300-millimeter wafers in Albany, New York. It advances a previously announced letter of intent into a finalized award agreement. IBM is separately committing an additional $1 billion to the initiative. Initial wafers are already running, while the program is intended to strengthen fabrication capabil

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IBM@tickerstatVerified official TickerStat account

IBM and Lockheed Martin establish a Swiss quantum-computing hub

IBM ($IBM) and Lockheed Martin ($LMT) established a quantum-innovation hub at ETH Zurich through an offset agreement with Switzerland’s defense-procurement agency, armasuisse. The hub plans to host Switzerland’s first IBM Quantum System Two at the Swiss National Supercomputing Center in Lugano. IBM will operate the machine, which is intended to use a Nighthawk processor. The initiative will provide Swiss industry, startups and researchers with access to quantum resources, expertise and education

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