D-Wave Quantum announced it has completed its acquisition of Quantum Circuits, a move the company expects will accelerate development of a scaled, error-corrected gate-model quantum computer to complement its commercial annealing systems.
The deal brings Quantum Circuits’ superconducting, error-corrected gate-model technology into D-Wave’s product lineup, reinforcing what the company described as a dual-platform strategy: continuing to sell and operate annealing quantum systems while advancing a separate gate-model program aimed at broader, fault-tolerant quantum computing applications.
D-Wave said its Advantage2 annealing systems are already deployed commercially, with customer workloads running in production. The company also pointed to prior work demonstrating performance beyond classical computing on a materials simulation problem, underscoring its view that annealing can deliver practical value today while gate-model systems evolve toward larger-scale, error-corrected operation.
Quantum Circuits’ key contribution, D-Wave said, is its dual-rail qubit approach, which the company argues simplifies error correction—one of the main technical hurdles to commercially viable gate-model quantum computers. D-Wave characterized the dual-rail design as combining fast superconducting operation with fidelity attributes associated with ion trap and neutral atom approaches.
The company said it plans to make an initial gate-model system generally available in 2026 and will discuss its updated dual-platform roadmap at its Qubits 2026 event in late January in Boca Raton, Florida.
Centerview Partners served as D-Wave’s exclusive financial advisor, and Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal counsel.
KEY QUOTES
“The acquisition of Quantum Circuits marks a watershed moment that firmly establishes D-Wave as the world’s leading quantum computing company. By uniquely delivering both best-in-class annealing and gate-model technologies, we are setting the pace for the entire industry. This dual-platform approach will significantly expand the addressable use cases for our customers, with the potential to deliver profound impact across businesses, the scientific community, and governments worldwide.”
Dr. Alan Baratz, CEO, D-Wave
“The combination of Quantum Circuits and D-Wave gives us a decisive advantage in gate-model quantum computing, by leveraging D-Wave’s experience with scaling and cryogenic control with our hardware-efficient approach to quantum error correction.”
Dr. Rob Schoelkopf, Co-Founder, Quantum Circuits; Chief Scientist, D-Wave
