Chesapeake Technology International Inc., a provider of software and systems development products for the defense and intelligence communities and a portfolio company of Bluestone Investment Partners, has acquired Rapid Imaging Technologies LLC.
Rapid Imaging brings over 25 years of experience in developing software and imaging services for the defense and intelligence communities. The company’s technology allows for real-time geospatial situational awareness information on live video, providing intelligence to military customers. The deal aims to strengthen CTI’s offerings and expand its capabilities in situational awareness and video analytics technologies.
“Joining CTI will enable us to bring our advanced technologies to a wider audience and leverage CTI’s resources and expertise to accelerate our growth,” comments David Geisler, Rapid Imaging’s CEO.