logo
logo

CTI, a Portfolio Company of Bluestone Investment Partners, Acquires Asymmetric Technologies LLC to Expand Product Portfolio

Apr 01, 2024•over 1 year ago

Acquiring Company

Chesapeake Technology International

Acquired Company

Asymmetric Technologies

CaliforniaDublinCyber SecurityGovernmentInformation TechnologyManufacturingSecurityInformation Technology

Description

Chesapeake Technology International, Corp. (CTI) has announced the acquisition of Asymmetric Technologies LLC, expanding CTI's product portfolio by integrating Asymmetric's advanced IronClad and Whisper products. This strategic move aims to support flight autonomy and edge communications across Department of Defense (DoD) and National Security customers. The acquisition reflects CTI's commitment to delivering comprehensive software and purpose-built hardware products and solutions for its customers and reaffirms its strategy to invest in the business to address evolving national security needs.

Company Information

Company

Chesapeake Technology International

Location

California, Maryland, United States

About

Chesapeake Technology International, Corp. (CTI) is a leader in the development and integration of government-open solutions for the invisible battlespaces. CTI is dedicated to delivering quality solutions to Defense and Intelligence community customers, rapidly providing open, integrated technology solutions for the Invisible Battlespaces. It brings technology to the fight with a focus on collaboration and delivering solutions from ideation to operation.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed