We are advising Classiq on the transaction

Davis Polk is advising Classiq Technologies Ltd. on its proposed acquisition by Intel Corporation. The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close in the first half of 2027.

Headquartered in Tel Aviv, Israel, Classiq is a leading quantum computing software company that provides enterprise-grade technology that makes it practical to develop scalable, efficient quantum applications. Used by dozens of Fortune 500 companies, the Classiq platform combines AI agents, a high-level quantum modeling language and design automation to accelerate the development of optimized, hardware-ready quantum software.

Intel is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore’s Law, Intel works to advance the design and manufacturing of semiconductors to help address its customers’ greatest challenges and embeds intelligence in every kind of computing device to help unlock the potential of data to transform business and society for the better.

The Davis Polk corporate team includes partners Michael Kaplan, Lee Hochbaum and Michael Senders and associate David A. Friedman. Partner Connie I. Milonakis is providing capital markets advice. Partner William A. Curran is providing tax advice. Partner Amanda Hines Gold and counsel Andrew H. Braid are providing executive compensation advice. Partner Paul Marquardt is providing trade regulation and sanctions advice. Partner Jessica K. Delbaum is providing antitrust and competition advice. Members of the Davis Polk team are based in the New York, London and Washington DC offices.

Copy link to share post