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M&A Deal Summary

CTI Acquires Asymmetric Technologies

On April 1, 2024, CTI acquired information technology company Asymmetric Technologies

Acquisition Highlights
  • This is CTI’s 1st transaction in the Information Technology sector.
  • This is CTI’s 2nd transaction in the United States.
  • This is CTI’s 1st transaction in Ohio.

M&A Deal Summary
Date 2024-04-01
Target Asymmetric Technologies
Sector Information Technology
Buyer(s) CTI
Deal Type Add-on Acquisition

Target

Asymmetric Technologies

Dublin, Ohio, United States
Asymmetric Technologies specializes in the development of open-source technology tailored to mission-specific needs. The company provides expertise using former government and non-government operators, engineers, researchers, and technicians who come from all aspects of the U.S. Government and academia. Asymmetric was formed in 2011 and is based in Dublin, Ohio.

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Buyer(S) 1

Buyer

CTI

California, Maryland, United States
Category Company
Sector Information Technology
DESCRIPTION

CTI is a provider of high-end software and systems development products for the defense and intelligence communities. CTI is based in California, Maryland.

DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Ohio M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-20 Rapid Imaging

Middleton, Wisconsin, United States

Rapid Imaging is a situational awareness technology provider delivering products leveraging geospatial augmented reality and artificial intelligence to Government and Enterprise customers. Rapid Imaging is based in Middleton, Wisconsin.

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