India, July 23 -- Computing giant International Business Machines Corp. (IBM), announced on Thursday that it has signed a definitive agreement to acquire HRL Laboratories LLC, a research and development company jointly owned by Boeing Co. (BA) and General Motors Co. (GM). Financial terms of the deal were not disclosed.
IBM said the acquisition would complement HRL's superconducting qubit program and support plans to scale quantum computers.
HRL would also enable IBM to innovate in quantum sensing and quantum materials, including ultra-precise sensors for life sciences, navigation, defense and scientific applications, IBM said.
The U.S. technology company said HRL's expertise in advanced sensors, communications, electronics and manufactur...