CTL Corporation has acquired 3R Technology, a leading IT asset disposition provider, to enhance its service offerings in secure data destruction and environmentally responsible recycling, while retaining all employees and critical certifications.

Information on the target

CTL Corporation, a prominent global leader in cloud computing for education and enterprise, has successfully acquired 3R Technology, a leading IT asset disposition (ITAD) provider based in Kent, Washington. This acquisition allows CTL to take immediate ownership of 3R Technology, retaining all employees, facilities, and critical certifications, including R2v3 recycling and NAID AAA data destruction. 3R Technology is recognized as one of the most innovative ITAD providers in the Pacific Northwest, specializing in secure data destruction and environmentally responsible recycling solutions.

The acquisition positions CTL to enhance its ITAD services, addressing the growing demand for secure and compliant management of end-of-life IT equipment. With the increasing proliferation of aging technology, businesses and educational institutions are under pressure to ensure that their obsolete devices are disposed of responsibly, avoiding potential environmental hazards associated with improper disposal.

Industry overview in the target’s specific country

The IT asset disposition industry is experiencing significant growth, driven by the rising need for secure data destruction and sustainable recycling practices. As organizations across various sectors grapple with the challenge