Quantum computing: Gleiss Lutz assists its client Infineon Technology and other leading German companies with the establishment of the Quantum Technology and Application Consortium
A team of Gleiss Lutz lawyers is advising the technology group Infineon Technologies as a founding member of the Quantum Technology and Application Consortium (QUTAC). In addition to Infineon, the companies BASF, BMW Group, Boehringer Ingelheim, Bosch, Merck, Munich Re, SAP, Siemens and Volkswagen have joined forces in QUTAC to raise quantum computing to the level of large-scale industrial application.
The aim of the consortium is to identify, develop, test and share applications for quantum computing and to identify funding needs. Within the framework of various development projects, the members are driving forward the first practical applications in the field of quantum computing in their respective industries and also across sectors. The applications provided by QUTAC can be trendsetting for entire industries. This is intended to create the basis for a successful industrialisation of quantum computing in Germany and Europe. The results are published on the central platform at www.qutac.de.
Infineon Technologies AG is a world leader in semiconductor solutions. In the 2020 financial year (ending 30 September), the company reported revenue of more than EUR 8.5 billion with a workforce of around 46,700 people worldwide. Following the acquisition of the US company Cypress Semiconductor Corporation in April 2020, Infineon is now a global top 10 semiconductor company.
The following people from Infineon’s legal division are assisting with the establishment of the consortium: Stefanie Mösges (Senior Manager & Corporate Legal Counsel) and Dr. Dominik Kallweit (Vice President & Corporate Legal Counsel, both Corporate), Uta Norstedt (Senior Manager & Corporate Legal Counsel, IP) and Cornelia Hörnig (Senior Director & Corporate Legal Counsel, Antitrust).
The following Gleiss Lutz team is advising Infineon Technologies on the establishment of the consortium: Dr. Adrian Bingel (partner, Corporate, Stuttgart), Dr. Matthias Sonntag (partner, IP/IT, Düsseldorf) (both lead), Mischa Krumm (IP/IT, Düsseldorf), Teresa Link (Corporate), Dr. Moritz Holm-Hadulla (partner), Dr. Christoph Stock (both Competition/Antitrust, all Stuttgart).