Matheson recently advised the National Treasury Management Agency (as controller and manager of the Ireland Strategic Investment Fund) (“ISIF”) in connection with its investment in the Dublin-based quantum semiconductor company, Equal1, as part of a $60m funding round to accelerate the development of scalable, silicon-based quantum computers and deployment of Equal1’s data centre-ready Bell-1 quantum server.
Brian McCloskey, Corporate M&A Partner at Matheson said:
“We are delighted to have advised ISIF on their investment in Equal1. The rapid development of AI in recent years and the role to be played by quantum computing in the next phase of that development will be fascinating to watch.”
The Matheson team was led by Corporate M&A partner Brian McCloskey and senior associate Ciara Finnan. The Corporate M&A team also included Nicola McAleese, Constance Edwards and Tom O’Donnell, along with a cross-departmental team including Sarah Jayne Hanna, Conor Doyle, Thomas Condon and Evin Mooney (Technology and Innovation Group), Bryan Dunne, Rachel Kenny and Ann Marie Muldoon (Employment, Pensions and Benefits) and Simon Shinkwin (Competition).
With a wealth of experience across our six partner led offices worldwide, Matheson has some of the most experienced corporate lawyers in Ireland. This transaction is a further example of the strength and depth across our market leading Corporate M&A team and our experience delivering for clients on complex and innovative domestic and international corporate transactions across all industry sectors.
For more information about our legal services, please contact a member of the Corporate team or your usual Matheson contact.