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

PRIVATEApr 01, 2024

Acquiring Company

Chesapeake Technology International

Acquired Company

Asymmetric Technologies

United StatesDublinInformation TechnologyCyber SecurityConsultingGovernmentManufacturingInformation TechnologySecurity

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.

Quick answer

Chesapeake Technology International is acquiring Asymmetric Technologies, announced April 1, 2024. Chesapeake Technology International is based in United States.

How much did Chesapeake Technology International pay for Asymmetric Technologies?
The deal value was not disclosed.
What does Chesapeake Technology International do?
Chesapeake Technology International, Corp. (CTI) is a leader in the development and integration of government-open solutions for the invisible battlespaces.
Where are Chesapeake Technology International and Asymmetric Technologies based?
Chesapeake Technology International is based in United States. Asymmetric Technologies is based in Dublin, Ohio, United States.

Source: Fundz verified event record.

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Company Information

Company

Chesapeake Technology International

Location

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.

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Frequently asked

Who acquired Asymmetric Technologies?

Asymmetric Technologies was acquired by Chesapeake Technology International, based in United States. The deal was reported on April 1, 2024. Chesapeake Technology International, Corp. (CTI) is a leader in the development and integration of government-open solutions for the invisible battlespaces. Chesapeake Technology International is privately held and operates in Information Technology.

When did Chesapeake Technology International acquire Asymmetric Technologies?

Chesapeake Technology International's acquisition of Asymmetric Technologies was reported on April 1, 2024. 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. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Asymmetric Technologies do?

Asymmetric Technologies LLC is a specialized company founded in 2011, focused on the development of open-source technology tailored to mission-specific needs. It is privately held, operating in Manufacturing, and is based in Dublin.

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