GlobeNewswire Inc.
January 08, 2026 2:30PM GMT
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 20th 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
michal@efraty.com
