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Tech Giant NovaCorp Acquires AI Startup QuantumLeap in $1.2 Billion Deal

Summary

NovaCorp announced today its acquisition of QuantumLeap, a leading artificial intelligence startup, for $1.2 billion in cash and stock. The deal aims to bolster NovaCorp’s AI capab

NovaCorp announced today its acquisition of QuantumLeap, a leading artificial intelligence startup, for $1.2 billion in cash and stock. The deal aims to bolster NovaCorp’s AI capabilities across cloud computing and autonomous systems. QuantumLeap’s proprietary machine learning platform will integrate with NovaCorp’s existing products, accelerating innovation. This marks one of the largest tech acquisitions of 2026 so far. Industry analysts expect the merger to enhance NovaCorp’s competitive edge against rivals like TechSphere and InfiniTech. The acquisition is subject to regulatory approval and expected to close by Q3, Bloomberg reported.
Feb 17
Tech Giant NovaCorp Acquires AI Startup QuantumLeap in $1.2 Billion Deal

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