Viewbix (NASDAQ:VBIX) agreed to acquire between 85% and 100% of Quantum X Labs in a share-based transaction that brings the company deeper into AI-quantum computing, adding a portfolio of four technology businesses and a patent claiming significant advances in quantum error correction.
The definitive share purchase agreement, signed Dec. 16, is expected to close within 90 days pending customary approvals and conditions.
Under the terms, Viewbix will issue common shares and pre-funded warrants equal to roughly 40% of its outstanding capital at closing, a figure that includes a concurrent $3 million PIPE financing.
An additional tranche of up to 25% of the company’s capital may be issued if Quantum X Labs meets certain post-closing milestones, potentially bringing total consideration to 65% of Viewbix’s equity.
Quantum X Labs’ patent centers on AI-enhanced quantum error correction and claims as much as a 50% reduction in decoding overhead for surface-code systems—one of the biggest cost and scalability barriers in quantum computing.
The acquisition also encompasses four portfolio companies advancing complementary AI-quantum technologies.
Viewbix said the agreement reflects its strategy to accelerate growth in high-value computational markets and integrate Quantum X Labs’ innovations across its technology stack.
The deal adds to a wave of consolidation in the quantum and advanced-computing sectors as companies seek to secure intellectual property and scale capabilities ahead of broader commercial adoption.