IonQ stock falls on $1.3 billion Elisity deal as quantum acquisition spree continues

Continuing its acquisition spree, quantum computing company IonQ (IONQ) announced Monday that it has agreed to buy Elisity, a cybersecurity company, for approximately $1.3 billion. IonQ stock fell amid the all-stock deal, which will dilute existing equity. The $1.3 billion transaction price includes up to $150 million in payments subject to Elisity’s future performance. IonQ’s planned acquisition of Elisity expands its…