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deep tech BetaKit September 29, 2026

Quantum eMotion to acquire fellow Canadian cybersecurity firm Plurilock

Quantum eMotion to acquire fellow Canadian cybersecurity firm Plurilock
AI Summary

Montréal-based Quantum eMotion (QeM) is looking beyond quantum security by acquiring Victoria-based Plurilock . The news: The two publicly traded Canadian cybersecurity firms announced an acquisition deal on Monday evening. The deal would see QeM acquire all of Plurilock’s outstanding shares for nearly $34 million CAD, split across 30 percent cash and 70 percent common QeM shares.

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