Acquiring Company
CTL
Acquired Company
3R Technology
Description
CTL Corporation has announced its acquisition of 3R Technology, enhancing its IT asset disposition services. The acquisition enables CTL to provide environmentally responsible ITAD solutions while retaining all of 3R Technology's employees and capabilities. This move supports CTL's commitment to sustainability and innovation in technology lifecycle services.
M&A Insights
Based on deal dataIntegration 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