Quantum X Labs has acquired Prof. Wolf's IP in quantum error correction, enhancing its advanced technology portfolio.
Quiver AI Summary
Quantum X Labs has acquired intellectual property in quantum error correction codes (QECC) from Prof. Lior Wolf and Yoni Schukron, a significant step toward addressing fundamental challenges in quantum computing such as noise and error propagation. This acquisition coincides with Prof. Wolf's recent achievement of having his robotics company, Mentee Robotics, acquired by Mobileye, underscoring his impactful contributions to advanced technologies. Quantum X Labs anticipates that the QECC IP will play a crucial role in the development of reliable and scalable quantum technologies. Additionally, Viewbix Inc. is in the process of acquiring a substantial portion of Quantum X Labs, which includes its patent portfolio, with expectations to finalize the acquisition by March 2026, pending necessary approvals.
Potential Positives
- Quantum X Labs acquired intellectual property in quantum error correction codes, addressing significant challenges in practical quantum computing.
- Viewbix Inc. is in the process of acquiring up to 100% of Quantum X Labs, which expands its patent portfolio and technological capabilities.
- The acquisition is backed by stockholder approval, indicating strong support for Viewbix's growth strategy in advanced technologies.
Potential Negatives
- The press release highlights a dependence on external talent through the acquisition of Prof. Wolf's IP, indicating the company may lack internally developed innovations in quantum error correction.
- The mention of the acquisition being subject to final due diligence and regulatory approvals introduces uncertainty regarding the completion and success of the deal.
- Forward-looking statements emphasize that actual results could significantly differ from those anticipated, raising concerns over the company's ability to meet its projected goals and timelines.
FAQ
What is the main focus of Quantum X Labs' recent acquisition?
Quantum X Labs acquired intellectual property related to quantum error correction codes (QECC) to address challenges in quantum computing.
Who is Prof. Lior Wolf and why is he notable?
Prof. Lior Wolf is a renowned scientist recognized for his contributions to advanced technologies and recently sold his robotics company, Mentee Robotics.
What is the significance of quantum error correction codes?
Quantum error correction codes help mitigate noise and error propagation in quantum systems, essential for advancing reliable quantum computing.
When is the acquisition of Quantum X Labs by Viewbix expected to close?
The acquisition is expected to close within 90 days of the agreement executed on December 15, 2025, pending due diligence and approvals.
How does Viewbix operate within the digital advertising industry?
Viewbix, through its subsidiaries, develops software solutions for automating, optimizing, and monetizing internet advertising campaigns.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VBIX Insider Trading Activity
$VBIX insiders have traded $VBIX stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $VBIX stock by insiders over the last 6 months:
- ELIYAHU YORESH has made 2 purchases buying 265,144 shares for an estimated $284,999 and 0 sales.
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$VBIX Hedge Fund Activity
We have seen 3 institutional investors add shares of $VBIX stock to their portfolio, and 1 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- YORKVILLE ADVISORS GLOBAL, LP added 346,000 shares (+inf%) to their portfolio in Q3 2025, for an estimated $1,207,540
- XTX TOPCO LTD added 16,212 shares (+inf%) to their portfolio in Q3 2025, for an estimated $56,579
- UBS GROUP AG added 104 shares (+inf%) to their portfolio in Q3 2025, for an estimated $362
- MORGAN STANLEY removed 17 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $59
- MMCAP INTERNATIONAL INC. SPC added 0 shares (+0.0%) to their portfolio in Q3 2025, for an estimated $0
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Quantum X Labs acquired Prof. Wolf’s IP in Quantum Computing Error Correction
Tel Aviv, Israel, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Viewbix Inc. (Nasdaq: VBIX) (“Viewbix” or the “Company”), an advanced technologies company, and Quantum X Labs Ltd. would like to warmly congratulate Prof. Lior Wolf on the acquisition by Mobileye of Mentee Robotics, a milestone that recognizes his exceptional scientific leadership and long-standing impact on advanced technologies.
Quantum X Labs is proud to have acquired intellectual property from Prof. Wolf and Yoni Schukron in the field of quantum error correction codes (QECC), a domain that addresses one of the most fundamental challenges in practical quantum computing—namely, mitigating noise, instability, and error propagation in quantum systems. QECCs are a key component for realizing the potential of quantum computing. QECCs, as its classical counterpart (ECC), enable the reduction of error rates, by distributing quantum logical information across redundant physical qubits, such that errors can be detected and corrected
Beyond the individual achievements the two milestones can be seen as connected. Prof. Wolf’s success in building and selling a leading robotics company reflects a consistent approach to solving complex system-level problems.
Quantum X Labs views the achievement of Prof. Wolf’s Mentee company as an encouraging signal and look forward with great optimism to a similar trajectory of success for the quantum error-correction patent acquired by Quantum X Labs. Quantum X Labs hopes that this intellectual property has the potential to play a meaningful role in advancing reliable, scalable quantum technologies in the years ahead.
In both domains—advanced robotics and quantum computing—the core challenge lies in managing uncertainty, correcting errors, and ensuring robustness in environments that are inherently noisy and unpredictable.
Viewbix recently signed a definitive agreement to acquire up to 100% (and not less than 85%) of Quantum X Labs (the “Acquisition”), encompassing its expanding patent portfolio, including prior IP in quantum error correction. The acquisition is expected to close within 90 days of the date of execution of the definitive agreement, which was December 15, 2025, subject to final due diligence, regulatory approvals, the approval of the Company’s stockholders in accordance with applicable rules or regulations of the Nasdaq Stock Market LLC and customary closing conditions. On January 5, 2026, Viewbix announced that it had received the requisite stockholder approval via written consent of the majority of its stockholders (the “Stockholder Consent”) and filed a preliminary information statement on Schedule 14C with the Securities and Exchange Commission. Pursuant to Delaware Law, the actions to be taken pursuant to the Stockholder Consent shall be effective on the 20 th day after the definitive information statement on Schedule 14C is mailed or furnished to Viewbix’s stockholders.
About Viewbix Inc.
Viewbix, through certain of its subsidiaries Gix Media Ltd. and Metagramm Software Ltd., operates in the field of digital advertising. Gix Media develops a variety of technological software solutions, which perform automation, optimization and monetization of internet campaigns, for the purposes of acquiring and routing internet user traffic to its customers. Metagramm is a developer of grammatical error correction software. The company offers tools for writing and reviewing, grammar, spelling, punctuation and style features, as well as translation and multilingual dictionaries, using artificial intelligence and machine learning technology.
Viewbix’s technological tools allow advertisers and website owners to earn more from their advertising campaigns and generate additional profits from their websites.
For more information about Viewbix, visit https://view-bix.com/
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, the Company is using forward-looking statements when it discusses the timing and completion of the acquisition and the satisfaction of closing conditions related to the acquisition. Because such statements deal with future events and are based on Viewbix’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements could differ materially from those described in or implied by the statements in this press release.
The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed in any filings with the SEC. Except as otherwise required by law, Viewbix undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Viewbix is not responsible for the contents of third-party websites.
Investor Relations Contacts:
Michal Efraty
Investor Relations
[email protected]