Fried, Frank, Harris, Shriver & Jacobson LLP
08/26/2025 | Press release | Distributed by Public on 08/26/2025 06:03
Quantagonia Sold to Strangeworks
Fried Frank advised the founders of Quantagonia GmbH in connection with the sale of shares to Strangeworks, Inc.
Quantagonia GmbH, based in Frankfurt and Munich, Germany, is a pioneering company specializing in advanced optimization and decision-making solutions. Founded in 2021, Quantagonia GmbH develops solutions that integrate mathematical optimization, hybrid solver orchestration technology, and AI-driven decision-making tools to support enterprises in improving their data analysis and decision-making processes.
Strangeworks Inc, based in Austin, Texas, offers a broad range of quantum and quantum-inspired compute resources through a cloud-based ecosystem. The acquisition of Quantagonia GmbH expands Strangeworks Inc.'s presence in Europe and reinforces its position at the intersection of applied AI, optimization and quantum computing.
The Fried Frank team was led by corporate partner Dr. Juergen van Kann and included corporate special counsel Thorsten Stuecklin and Dr. Peter Breschendorf and corporate associate Lana Bierstedt.
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