MALIBU—On July 28, news began to circulate regarding IBM Technology acquiring HRL Laboratories LLC. HRL is a private company that was jointly owned by Boeing and General Motors (GM). They are a pioneer in quantum dot technology; allowing the capture and manipulation of single electrons.
Photo Credit: Denny Muller
On July 23, both HRL and IBM issued press releases announcing the signing agreement to purchase HRL Laboratories from Boeing and GM. According to the HRL press release,
“Boeing and GM celebrate the achievements of HRL’s talented employees as they embark on this new journey.”
IBM also is enthusiastic about the new venture.
“IBM Research is building the future of computing. Now with HRL on our team, we’re excited to see what we can build together.”
IBM is acquiring HRL in its entirety. HRL is headquartered at 3011 Malibu Canyon Road, in Malibu and had three other southern California offices in Calabasas, Camarillo, and one located at; 1545 26th Street in Santa Monica. This juncture also includes the Armonk, NY location.
IBM fellow and Director of Research, Jay Gambetta, issued the following statement.
“The HRL team will help IBM push even farther forward toward the frontiers of quantum innovation. This talented group of researchers brings a broad portfolio of technologies that will strengthen IBM’s long-term plans to deliver useful quantum computing to the world, bringing together advances across quantum computing, quantum sensing, and quantum networking to enable the applications of the future.”
HRL Chief Executive Officer, Rob Vasquez stated that; “IBM is the natural next chapter for what we have built at HRL, where our team has dedicated years to exploring paths to how the future quantum computers could be built at scales that today seem impossible.
“We now look forward to leveraging IBM’s industry leadership and working alongside their world-class talent on fundamental infrastructure to take this vision forward. Additionally, our cutting-edge physical and information science innovations will combine with their advanced research capabilities to deliver an unmatched suite of technology solutions for our commercial and government customers,” Vasquez continued.
Canyon News reached out to the media contact listed for IBM, Erin Angelini, to ask how this new venture will affect existing employees; if IBM will also be hiring new employees, and if so, in what field(s). CN has not heard back in time for print.
By Sharon