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Industry & Startups · Quebec
Quantum eMotion to acquire fellow Canadian cybersecurity firm Plurilock
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Summary
Montréal-based Quantum eMotion has agreed to acquire Victoria-based Plurilock for nearly $34 million, with payment split between 30 per cent cash and 70 per cent Quantum eMotion shares. The companies say the deal would add Plurilock’s cybersecurity platform, revenue, customer relationships and public-sector procurement channels as Quantum eMotion expands beyond quantum-security technology.