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Viewbix Inc., an advanced technologies company with operations in digital advertising, has entered into a definitive agreement to acquire Quantum X Labs Ltd. The acquisition would give Viewbix control of a portfolio of quantum technology companies and intellectual property, including a notable patent for AI-powered quantum error correction developed in collaboration with Tel Aviv University. The deal is structured to acquire up to 100% and not less than 85% of Quantum's share capital, with a significant portion of the consideration paid in Viewbix stock and warrants.
Viewbix signs a definitive agreement to acquire Quantum X Labs.
The deal would transfer a portfolio of four quantum technology companies to Viewbix.
Key assets include a patent for AI-Quantum Error Correction, sub-licensed from Tel Aviv University.
The acquisition is valued in Viewbix stock, representing up to ~65% of its outstanding capital.
Quantum's work spans algorithms for transport/drug discovery, quantum GPS, and atomic clocks.
Closing is expected within 90 days, pending due diligence, regulatory, and shareholder approvals.
Quantum X Labs operates through four portfolio companies, each targeting a distinct quantum segment. These include developing quantum algorithms for transportation, drug discovery, and security applications, as well as projects focused on quantum-based GPS replacement technology and ultra-precise quantum atomic clocks. This acquisition would provide Viewbix with immediate entry into several high-potential, specialized areas within the quantum computing and sensing ecosystem.
A centerpiece of the acquisition is Quantum's proprietary intellectual property, which includes an innovative patent for AI-Quantum Error Correction. This technology, sub-licensed via Tel Aviv University's tech transfer company Ramot, addresses a critical bottleneck in scaling quantum computers. It aims to enable efficient, real-time decoding of errors in "noisy" quantum systems, potentially reducing computational overhead by up to 50% compared to traditional methods—a vital step toward practical, fault-tolerant quantum computing.
The transaction is structured as a share-based acquisition. At closing, Viewbix will issue common stock and pre-funded warrants representing up to approximately 40% of its current outstanding capital. An additional earn-out of up to ~25% may be issued based on Quantum achieving certain post-closing milestones. The deal remains subject to standard closing conditions, including final due diligence, regulatory approvals, and approval by Viewbix's stockholders in accordance with Nasdaq rules.
The proposed acquisition of Quantum X Labs represents a significant pivot for Viewbix, moving from its core in digital advertising and AI-powered grammar tools into the frontier of quantum technology. If completed, it would position the publicly traded company as a player in the emerging quantum sector, leveraging acquired IP and research to build a long-term stake in algorithms, navigation, and the fundamental hardware challenges of quantum computing.
About Viewbix Inc.
Viewbix, through certain of its subsidiaries Gix Media Ltd. and Metagramm Software Ltd., operates in the field of digital advertising. Gix Media develops a variety of technological software solutions, which perform automation, optimization and monetization of internet campaigns, for the purposes of acquiring and routing internet user traffic to its customers. Metagramm is a developer of grammatical error correction software. The company offers tools for writing and reviewing, grammar, spelling, punctuation and style features, as well as translation and multilingual dictionaries, using artificial intelligence and machine learning technology.
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