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Tuesday, November 28, 2017

Fujitsu invests in Canadian quantum software company

#Fujitsu invests in Canadian #quantumsoftware company IT powerhouse seeks to market quasi-#quantumcomputer before rivals @Fujitsu is developing a quantum-inspired computer using existing #semiconductor technology. TOKYO -- Fujitsu is investing just under 2 billion yen ($17.9 million) in Canadian quantum software developer 1QB Information Technologies as the Japanese information technology giant looks to quickly commercialize its own quantum-inspired computer. The investment, announced Tuesday, is worth a 9.3% stake in the Vancouver-based company, making Fujitsu the venture's largest nonfinancial shareholder. Fujitsu will dispatch executives and engineers to 1QBit to collaborate on research, development and sales. The capital tie-up deepens the relationship between the two companies, which entered a business alliance in May. 1QBit is a leader in developing software tailored to quantum computers.

https://www.google.com/url?rct=j&sa=t&url=https://asia.nikkei.com/Business/Deals/Fujitsu-invests-in-Canadian-quantum-software-company&ct=ga&cd=CAEYACoUMTQ1ODY2ODg3MTk1Mzg1OTE3NjIyGmI2YTI4Mjc0YjhjNTViMzE6Y29tOmVuOlVT&usg=AFQjCNEyWGX6AffC2tmRgqgMqiHrLmK7xw

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