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flag IonQ acquires Oxford Ionics for $1.08 billion to boost its quantum computing capabilities.

flag Quantum computing company IonQ has acquired UK startup Oxford Ionics for $1.08 billion, marking its second major purchase this year after acquiring Lightsynq in May. flag The acquisitions aim to advance IonQ's technology and leadership in the quantum computing field. flag Oxford Ionics' founders will continue to work with IonQ post-acquisition.

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