IBM announced today that it has signed a final agreement to acquire the flagship R&D institution HRL Laboratories, LLC. HRL is a private company jointly owned by Boeing and General Motors. After the deal is completed, Boeing and GM will continue to cooperate with IBM on quantum applications and advanced technology development. Financial details of the deal were not disclosed, and IBM's acquisition of HRL was subject to customary closing conditions and regulatory approvals. The deal is expected to close by the end of the third quarter of 2026.

IBM announced today that it has signed a final agreement to acquire the flagship R&D institution HRL Laboratories, LLC. HRL is a private company jointly owned by Boeing and General Motors. After the deal is completed, Boeing and GM will continue to cooperate with IBM on quantum applications and advanced technology development. Financial details of the deal were not disclosed, and IBM's acquisition of HRL was subject to customary closing conditions and regulatory approvals. The deal is expected to close by the end of the third quarter of 2026.