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Reston IT company acquires cybersecurity firm
Reston-based information technology company Intelligent Waves LLC announced Monday it has acquired Maryland-based cybersecurity firm Ski Systems Inc. Financial terms of the transaction were not disclosed. Through the acquisition, Intelligent Waves will gain cybersecurity compliance expertise. Intelligent Waves is a service-disabled veteran-owned small business that was founded in 2006 by Jared She[...]
Spotify completes $235M acquisition of Reston-based Megaphone
Music streaming giant Spotify Technology SA has completed the acquisition of Arlington-based media and education conglomerate Graham Holdings Co.’s podcast technology company, Megaphone, for $235 million, the company announced Tuesday. The acquisition was first announced Nov. 10. Founded in 2015, Megaphone provides hosting and ad-insertion capabilities for publishers and targeted ad sales fo[...]
Leidos to acquire 1901 Group for $215M
Reston-based Fortune 500 government contractor Leidos Holdings Inc. announced Thursday it will acquire Reston-based information technology services company 1901 Group for $215 million. “We are pleased to welcome 1901 Group’s team of digital transformation experts who share Leidos’ commitment to making the world safer, healthier and more efficient through IT,” Leidos Chairman and CE[...]
Va. Beach packaging manufacturer acquires Utah company
Virginia Beach-based packaging manufacturer Fortis Solutions Group LLC announced Thursday it has acquired Orem, Utah-based Kala Packaging. Financial terms of the transaction were not disclosed. “With its fleet of digital presses and top-tier flexographic printing technology, Maui Chai and the Kala team have established a national presence in the quick-turn labels and flexible packaging m[...]
Williamsburg engineering company acquired by Kansas firm
Williamsburg-based TAM Consultants Inc. has been acquired by Kansas engineering firm Terracon Consultants Inc. Founded in 2002, TAM is a 15-person professional services firm that provides building consulting and facilities engineering services for public- and private-sector clients throughout the mid-Atlantic region. TAM has offices in Richmond, Williamsburg and Newport News. TAM’s employees[...]
3Pillar acquires Ariz.-based software company
Fairfax-based product lifecycle management company 3Pillar Global Inc. announced Tuesday it has acquired Tempe, Arizona-based software development company Tiempo Development. Financial terms of the transaction were not disclosed. Tiempo Development, which employs more than 400 people, also has three digital delivery centers in Mexico, which will expand 3Pillar’s footprint and offerings o[...]
Tysons IT company acquires Fla.-based tech training company
Tysons-based information technology company By Light Professional IT Services LLC announced Friday it has acquired Port Orange, Florida-based technology training company Raydon. Financial terms of the acquisition were not disclosed. Founded in 2002, By Light provides engineering, cyber, modeling and simulation services to defense and government agencies, employing more than 2,000 people. Raydon, w[...]
NuWave Solutions acquires San Diego-based analytics company
McLean-based federal technology contractor NuWave Solutions LLC announced Thursday it has acquired BigBear Inc., a cloud-based big data analytics firm in San Diego. Financial terms of the transaction were not disclosed. This marks NuWave’s first acquisition since it was acquired by Boca Raton, Florida-based private equity firm AE Industrial Partners LP in June. Founded in […]
ASGN subsidiary buys Fla.-based tech firm
Henrico County-based Fortune 1000 professional services company ASGN Inc. announced Tuesday it has acquired Tampa, Florida-based information technology firm Integrated Solutions Management Inc. Financial terms of the transaction were not disclosed. Founded in 1991, ISM specializes in internet of things (IoT) technology, IT service and operations management. It will become part of ECS, a Fairfax-ba[...]
Intelsat closes $400M cash deal for commercial aviation business
McLean-based communications satellite services provider Intelsat Corp. announced Tuesday it has completed the acquisition of in-flight broadband connectivity provider Gogo Inc.’s commercial aviation business for $400 million in cash. The acquisition was first announced in early September. Intelsat plans to pair its satellite and ground network to Gogo’s customer base of more than 3,000[...]
Long-delayed Genworth acquisition postponed again
Henrico-based Genworth Financial Inc. and China-based Oceanwide Holdings Group Co. Ltd. announced on Monday that Oceanside’s long-delayed $2.7 billion acquisition of Genworth has been reapproved by China’s National Development and Reform Commission, and the acquisition has been postponed until the end of December. With the Chinese government’s reapproval, Oceanwide will now move [...]
Parsons Corp. completes acqusition of Colo.-based aerospace firm for $300M
Centreville-based defense contractor Parsons Corp. announced late last week that it has completed its acquisition of Colorado Springs, Colorado-based Braxton Science & Technology Group LLC (BSTG) and its subsidiaries for $300 million. The acquisition was first announced in late October — marking Parsons’ fourth acquisition since October 2018. BSTG provides services for satellite ope[...]
