Who are the sellers in the HRL Laboratories deal?

The sellers are Boeing Co and General Motors, the joint owners of the lab.

What is the value of IBM's acquisition of HRL Laboratories?

The value of the deal has not been disclosed.

How is the U.S. government supporting IBM's quantum computing efforts?

In May, the Trump administration awarded IBM $1 billion to establish Anderon as a chip factory for U.S. quantum computing firms.

IBM Acquires HRL Laboratories to Bolster Quantum Computing Strategy

IBM announced the acquisition of HRL Laboratories, a private quantum computing research lab jointly owned by Boeing and General Motors. The deal aims to add a second pillar to IBM's quantum computing strategy, supported by a $1 billion U.S. government grant to establish a chip factory.

July 23, 2026

2 min read

Source: Reuters

Key Numbers

deal value

award amount

IBM (NYSE: IBM) announced on Thursday it has agreed to acquire HRL Laboratories, a private quantum computing research lab jointly owned by Boeing Co (NYSE: BA) and General Motors. The move adds a second track to IBM's quantum computing efforts.

Deal Details

Buyer: IBM (NYSE: IBM)
Target: HRL Laboratories
Sellers: Boeing Co (NYSE: BA) and General Motors
Value: Not disclosed
Expected Close: Not announced

Rationale

IBM aims to accelerate the development of practical quantum machines capable of solving problems that would take conventional computers thousands of years. IBM is racing against Alphabet's Google, Microsoft, and others in this field.

Regulatory Challenges

The deal is expected to face regulatory review, especially given increasing government interest in quantum computing technologies.

Impact on Stocks

No immediate market reaction. In May, the Trump administration announced a $1 billion award to IBM to establish a new company called Anderon in New Albany, New York, to serve as a chip factory for U.S. quantum computing firms.

Frequently Asked Questions

IBM is acquiring HRL Laboratories to add a second track to its quantum computing strategy and accelerate the development of practical quantum machines.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.