HONEYWELL , OTHER BACKERS OF QUANTINUUM ARE CONSIDERING RAISING MONEY FOR FIRM AT A VALUATION OF AROUND $10 BILLION - BLOOMBERG $HON
Honeywell International Inc. and other backers of Quantinuum are considering raising money for the quantum computing firm at a valuation of around $10 billion, people familiar with the matter said https://t.co/5K10v8yBGF
$HON - Quantinuum considers a fundraising of $10Billion valuation - BBRG
Honeywell International Inc. has acquired the data platform and software technologies of SparkMeter, a specialist in smart-grid solutions. The purchase is aimed at bolstering Honeywell’s portfolio of utility and smart-energy products, expanding the company’s offering to electricity distributors that rely on advanced metering and analytics. Separately, Honeywell and other investors are exploring a new funding round for Quantinuum, the quantum-computing company it helped create in 2021 by combining its own quantum unit with Cambridge Quantum. People familiar with the discussions said the transaction could value Quantinuum at about $10 billion, underscoring growing investor interest in commercial quantum hardware and software.
