Tag: Switzerland

BusinessEconomy

European Private Equity Firms Face Market Pressure Amid U.S. Credit Concerns

** Major European private equity firms experienced notable stock declines as concerns over U.S. lending standards crossed the Atlantic. The sell-off follows heightened warnings on leveraged loans and recent corporate collapses.

Market Reaction to U.S. Credit Worries

Several of Europe’s prominent private markets firms reportedly faced significant stock declines on Friday, as anxieties regarding U.S. bank lending standards spread internationally. According to reports, CVC Capital Partners, headquartered in Jersey, saw shares drop approximately 5.4%, while London-listed ICG fell about 6%. Swiss firm Partners Group declined 4%, alongside Sweden’s EQT, which also dropped 4%.

by Darren Holt
ComputingTechnology

D-Wave Partners with Swiss Quantum Technology in €10 Million European Quantum Computing Expansion

Quantum computing firm D-Wave has entered a significant €10 million partnership with Swiss Quantum Technology SA to deploy an annealing quantum computer in Europe. The five-year agreement provides SQT with substantial computing access while supporting Italy’s newly formed Q-Alliance quantum initiative. This deployment marks another step in Europe’s expanding quantum computing infrastructure.

Major Quantum Computing Deployment in Europe

Quantum computing company D-Wave Systems has reportedly signed a €10 million ($11.6 million) agreement with Swiss Quantum Technology SA (SQT) to deploy an Advantage2 annealing quantum computer in Europe, according to recent announcements. The five-year arrangement will grant SQT access to 50 percent of the system’s computing capacity, with sources indicating the option for eventual purchase remains available.

by Darren Holt