SkyWater Technology jumps on IONQ's $1.8 billion takeover offer
ReutersJan 26, 2026 2:46 PM
Shares of chipmaker SkyWater Technology SKYT.O surge 7.3% to $33.48 in morning trading
IONQ IONQ.N says it has signed a deal to buy SKYT for about $1.8 billion
Shares of IONQ jump 4.3% at $49.17
SKYT shareholders will receive $15 in cash and $20 in IONQ stock for each share of SkyWater stock
The deal is expected to close in the second or third quarter of 2026, after which SKYT will operate as a wholly owned subsidiary, remaining under the leadership of CEO Thomas Sonderman, who will report to IonQ CEO Niccolo de Masi
In 2025, SKYT gained ~32%, while IONQ was up ~7%
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