Quantum Computing Acquires NHanced Semiconductors

Quantum Computing Inc., a quantum optics and photonics company, has acquired NHanced Semiconductors, a U.S-based advanced packaging vendor

By Mark LaPedus

Quantum Computing Inc. (QCi), a quantum optics and photonics company, has acquired NHanced Semiconductors, a U.S-based advanced packaging vendor.

Under the terms, QCi has acquired NHanced for $73.1 million in cash and stock, subject to customary adjustments, and up to an additional $72.0 million if certain performance targets are achieved.

Based in Batavia, IL, NHanced will operate as a wholly owned subsidiary of QCi, remaining committed to supporting its current customers and partners, including those within the quantum ecosystem, and will continue to provide the products, services and technical expertise its customers rely on while pursuing new opportunities for growth and innovation.

Based in Hoboken, N.J., QCi is a quantum optics and integrated photonics company focused on delivering quantum machines and photonic solutions. It offers a portfolio spanning photonics components, subsystems and full-stack systems. The company also provides foundry services for thin-film lithium niobate (TFLN) photonic chips.

The acquisition of NHanced expands QCi’s portfolio. The company is adding semiconductor and nanophotonics fabrication capabilities, advanced packaging expertise and specialized engineering talent.

NHanced is a U.S-based advanced packaging foundry specializing in integration, hybrid bonding, chiplet architectures, silicon interposers and photonics device integration. Its expertise in advanced semiconductor packaging and manufacturing complements QCi’s photonic and quantum portfolio.

“By combining our expertise with QCi's vision for photonic and quantum technologies, we believe we can accelerate the commercialization and manufacturing of next-generation solutions and create greater value for customers and partners,” said Bob Patti, CEO of NHanced.