[IBM to Acquire HRL Laboratories to Advance Quantum Future] According to Golden Finance, on July 23, IBM announced today that it has signed a definitive agreement to acquire flagship research and development institution HRL Laboratories, LLC (HRL). HRL is a privately held company jointly owned by Boeing and General Motors. After the transaction is completed, Boeing and General Motors will continue to collaborate with IBM on quantum applications and advanced technology development. The financial details of the transaction have not been disclosed. IBM's acquisition of HRL is subject to customary closing conditions and regulatory approvals. The transaction is expected to be completed by the end of the third quarter of 2026.