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Enterprise Quantum Computing Platforms sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Enterprise Quantum Computing Platforms

1.1 - About Enterprise Quantum Computing Platforms sector

Companies in the Enterprise Quantum Computing Platforms category design and deliver access to quantum processors and software stacks through cloud services and managed programs. Strategic buyers in quantum computing enable customers to develop, test, and run quantum circuits and hybrid workloads for optimization, simulation, and machine learning. Offerings typically include hardware access, toolchains, and advisory support to de-risk adoption and demonstrate performance gains over classical approaches.

Vendors provide cloud access to superconducting and trapped-ion processors, quantum annealing systems for combinatorial optimization, and emulators for algorithm prototyping. Their stacks include SDKs, circuit compilers, gate-level optimizers, and error mitigation or correction tooling. They support hybrid orchestration to integrate classical HPC with variational algorithms, domain-specific solvers for portfolio construction and routing, secure key distribution pilots, and monitoring dashboards for workload scheduling and resource utilization.

Primary customers include enterprise R&D organizations, HPC and data science teams, and government or academic research labs evaluating quantum advantage. Outcomes include reduced time to prototype algorithms, improved solution quality for complex optimization and simulation tasks, cost-efficient access to cutting-edge processors via cloud, and organizational readiness through training and advisory programs that build internal skills, governance, and a roadmap for production-grade hybrid workflows.

2. Buyers in the Enterprise Quantum Computing Platforms sector

2.1 Top strategic acquirers of Enterprise Quantum Computing Platforms companies

Rigetti Computing Logo

Rigetti Computing

HQ: United States Website
  • Description: Provider of superconducting quantum computing hardware and cloud services, delivering multi-chip gate-based processors and quantum algorithms via Rigetti Quantum Cloud Services to help customers tackle complex challenges across healthcare, energy, finance and other data-intensive sectors.
  • Key Products:
  • Rigetti Quantum Systems on Azure Quantum: Enables users to run quantum code on Rigetti hardware via Microsoft’s Azure Quantum cloud service, integrating cutting-edge quantum technologies within a single cloud interface for streamlined development and execution
  • Rigetti Quantum Systems on Amazon Braket: Provides fully managed AWS environment where customers can explore, design, and execute quantum algorithms directly on Rigetti quantum processing units, accelerating research and prototyping
  • Rigetti Quantum Systems on Strangeworks QC/EQ: Offers free collaborative development (QC) and enterprise-grade (EQ) platforms with granular security
  • IP protection, resource aggregation, custom integrations, and dedicated support, granting secure access to Rigetti machines for enterprise quantum initiatives
  • Rigetti Applications Library: Curated collection of platforms, tools, and research applications powered by Rigetti systems, giving users practical methods, algorithms, and hybrid techniques to verify quantum properties, optimize circuits, and advance domain-specific use cases.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Enterprise Quantum Computing Platforms sector

M&A buyer group 1: High Performance Computing

13 companies View group →
Description: Companies in the Enterprise High-Performance Computing Platforms category build and operate scalable compute infrastructure for data-intensive workloads. They deliver integrated clusters combining CPU and GPU nodes, high-speed interconnects, parallel storage, and workload orchestration to run large simulations, modeling, and AI training. Their value lies in predictable performance, elasticity, and lower total cost of ownership for enterprises and research institutions seeking dependable supercomputing capacity.
Hewlett Packard Enterprise

Hewlett Packard Enterprise

Website HQ: United States
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of edge-to-cloud enterprise IT products, solutions and services—including AI supercomputing, secure networking, hybrid cloud infrastructure, compute, storage, software and expert services—supporting organizations across diverse industries.
  • Key Products:
  • HPE Private Cloud AI: Delivers enterprise-grade generative AI capabilities as a turnkey private cloud, enabling organizations to safely deploy GenAI workloads with integrated infrastructure and management
  • HPE Mist Agentic AI-Native Networking: Provides networks that understand, adapt and act through AI-native innovations, enhancing autonomous operation and responsive performance for modern connectivity demands
  • HPE ProLiant Servers: AMD-powered ‘Saudi Made’ ProLiant models offer increased flexibility, higher processing speed and broader configuration choice for diverse data center and edge workloads
  • HPE AI Data Center Solutions: Collaborates with NVIDIA to create more efficient, sustainable AI data centers, reducing energy consumption while optimizing large-scale artificial intelligence processing.
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Enterprise Quantum Computing Platforms sector

3.1 - Buyout funds in the Enterprise Quantum Computing Platforms sector

Buyout Funds investing in Enterprise Quantum Computing Platforms companies

51+ funds
Description: Buyout funds focused on Enterprise Quantum Computing Platforms companies globally.

TPG

Website HQ: United States
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Enterprise Quantum Computing Platforms
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Enterprise Quantum Computing Platforms sector

Growth Equity Funds in Enterprise Quantum Computing Platforms companies

41+ funds
Description: Growth equity funds focused on Enterprise Quantum Computing Platforms companies globally.

Summit Partners

Website HQ: United States
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Enterprise Quantum Computing Platforms
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Enterprise Quantum Computing Platforms companies

4.2 - Public trading comparable groups for Enterprise Quantum Computing Platforms sector

Description: Public companies in this group deliver cloud infrastructure and managed services that power enterprise and internet-scale workloads. Business models span IaaS/PaaS platforms, edge delivery and security, web hosting and domains, and outsourced cloud operations. They are comparable because revenue is predominantly recurring and consumption-based, tied to compute, storage, and network utilization, managed service contracts, and software subscriptions supporting digital transformation and workload modernization.
Microsoft logo

Microsoft

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of software, services, devices, and solutions including operating systems, productivity software, enterprise applications, server products, cloud services, and gaming systems to enhance productivity, facilitate communication, and enable digital transformation for personal and business use.
  • Key Products:
  • Windows: Operating system for personal computers and workstations
  • Office 365: Subscription-based productivity suite including Word, Excel, PowerPoint, and Outlook
  • Azure: Cloud computing platform offering virtual machines, databases, and storage solutions
  • Xbox: Gaming console with access to various video games and entertainment content
  • Dynamics 365: Enterprise resource planning and customer relationship management applications.
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Enterprise Quantum Computing Platforms sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Enterprise Quantum Computing Platforms sector

Who are the top strategic acquirers of Enterprise Quantum Computing Platforms companies?

Top strategic buyers in this sector include Rigetti Computing, a provider of superconducting quantum computing hardware and cloud services, delivering multi-chip gate-based processors and quantum algorithms via rigetti quantum cloud services to help customers tackle complex challenges across healthcare, energy, finance and other data-intensive sectors. .

Which buyer groups are most relevant for Enterprise Quantum Computing Platforms companies?

Relevant strategic buyer groups similar to the Enterprise Quantum Computing Platforms sector include High Performance Computing because they share similar customer segments and product capabilities.

Financial Investors in Enterprise Quantum Computing Platforms sector

Which are the top PE firms investing in Enterprise Quantum Computing Platforms companies?

Potential investors in the broader Enterprise Quantum Computing Platforms space include Summit Partners and TPG.

Who are the top buyout funds acquiring Enterprise Quantum Computing Platforms companies?

Active PE funds and buyout funds acquiring companies in the Enterprise Quantum Computing Platforms space include TPG.

Who are the top growth equity funds investing in Enterprise Quantum Computing Platforms companies?

Growth funds investing in the broader Enterprise Quantum Computing Platforms sector include Summit Partners.

Valuation of Companies in Enterprise Quantum Computing Platforms sector

Which are the key public companies that are relevant trading comps for Enterprise Quantum Computing Platforms companies?

Key trading comparable groups include Microsoft, a provider of software, services, devices, and solutions including operating systems, productivity software, enterprise applications, server products, cloud services, and gaming systems to enhance productivity, facilitate communication, and enable digital transformation for personal and business use..

Which are the key trading comparable groups for Enterprise Quantum Computing Platforms companies?

Similar trading comparable companies include Cloud Infrastructure and Managed Services Companies. Our platform tracks detailed trading comparable groups in the Enterprise Quantum Computing Platforms sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Enterprise Quantum Computing Platforms sector?

Our platform tracks M&A transactions in the Enterprise Quantum Computing Platforms sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Enterprise Quantum Computing Platforms?

Access recent funding rounds in the Enterprise Quantum Computing Platforms sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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