# IQM Acquires Quantistry Assets for Industrial Quantum Platform > Source: > Published: 2026-07-07 09:12:24+00:00 IQM Quantum Computers acquired selected assets from **Quantistry GmbH** in a deal announced on **July 6, 2026**, adding cloud-native chemical and materials simulation software, algorithm libraries, intellectual property, and core technical staff. For quantum and industrial AI teams, the significance is workflow integration: IQM is trying to connect superconducting quantum hardware with HPC, machine-learning-assisted simulation, and domain software used in automotive, aerospace, chemicals, materials, energy storage, and pharmaceuticals. The deal value was not disclosed, so the impact is best read as a product-stack move rather than a financial milestone. Teams evaluating quantum-for-chemistry workflows should watch whether IQM turns the assets into supported APIs, reproducible benchmarks, and usable hybrid orchestration tools.