Rigetti Computing (RGTI) Closes Investment by Quanta Computer

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Go back to Rigetti Computing (RGTI) Closes Investment by Quanta Computer

Rigetti Computing Closes Investment by Quanta Computer

April 30, 2025 8:00 AM EDT

BERKELEY, Calif., April 30, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (Rigetti or the Company), a pioneer in full-stack quantum-classical computing, announced today that it has closed the previously announced investment by Quanta Computer Inc. (Quanta, TWSE: 2382.TW) related to their strategic collaboration agreement. In connection with the closing, Quanta purchased approximately $35 million of shares of Rigetti common stock at approximately $11.59 per share.

We are pleased to take this next step in our strategic collaboration with Quanta, says Dr. Subodh Kulkarni, Rigetti CEO. Quantas world-leading expertise in notebook and server manufacturing paired with Rigetti... More