M&A Deal Summary

CTI Acquires Rapid Imaging

On April 20, 2023, CTI acquired software company Rapid Imaging

Acquisition Highlights
  • This is CTI’s 1st transaction in the Software sector.
  • This is CTI’s 1st transaction in the United States.
  • This is CTI’s 1st transaction in Wisconsin.

M&A Deal Summary
Date 2023-04-20
Target Rapid Imaging
Sector Software
Buyer(s) CTI
Deal Type Add-on Acquisition

Target

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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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 1 of 2
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Wisconsin) 1 of 1
Country (United States) 1 of 2
Year (2023) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-01 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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