In a landmark move for the region’s growing tech sector, SEEQC, Inc., a prominent member of the Business Council of Westchester, has announced a definitive merger agreement with Allegro Merger Corp. The transaction, which values the Elmsford-based quantum computing pioneer at approximately $1 billion, signals a major step in the commercialization of “quantum on a chip” technology. Under the terms of the agreement, SEEQC will form a wholly owned subsidiary to merge with Allegro, which will survive as a subsidiary of the parent company. Upon completion, expected in the second quarter of 2026, Allegro’s common stock will be exchanged for […]