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Alexandria software company buys Reston IT services firm
Alexandria-based software and IT company Gunnison Consulting Group Inc. announced Thursday it has acquired Reston-based IT services firm Global Solutions & Services Frameworks (G2SF). Transaction details were not disclosed. Gunnison provides software development, data analytics and cybersecurity services to federal government customers, while G2SF provides IT service management, mobility eng[...]
15 Va. tech companies ranked fastest-growing in North America
Fifteen Virginia tech companies earned spots on Deloitte’s 26th annual North America Technology Fast 500 Rankings list released Wednesday. “For more than 25 years, we’ve been honoring companies that define the cutting edge and this year’s Technology Fast 500 list is proof positive that technology — from software and digital media platforms, to biotech — […]
Shuttered Alexandria power plant making way for mixed-use development
A former coal-fired power plant in Alexandria will become home to a mixed-use development along the Potomac River. Chicago-based Hilco Redevelopment Partners (HRP), a Hilco Global business unit, announced Monday it purchased the 71-year-old Potomac River Generating Station site, which encompasses approximately 20 acres. HRP acquired the property through an agreement negotiated with Potomac Elect[...]
Fl.-based private equity firm acquires Alexandria software company
Boca Raton, Florida-based private equity firm AE Industrial Partners LP announced late last week it had acquired Alexandria-based software company Linkware LLC and security and travel consulting firm Pangiam. Financial terms of the acquisitions were not disclosed. AEI will combine Linkware with Pangiam to form a travel solutions technology platform. The combined entity will operate […]
Reston government contractor to buy Alexandria tech company
Reston-based government IT contractor Xenith Solutions LLC announced Thursday it will acquire Alexandria-based tech company TRI-COR Industries (TCI). Terms of the transaction were not disclosed. Founded in 1983 by Louis Gonzalez, TCI provides large-scale, enterprise agile tech services to federal and local governments. Xenith Solutions is a service-disabled veteran-owned small business that prov[...]
Amazon to donate $1M to NoVa schoolchildren amid pandemic
Arlington Public Schools announced Wednesday that e-commerce giant Amazon.com Inc., which is establishing its $2.5 billion East Coast HQ2 headquarters in Arlington, will donate $1 million to support the needs of thousands of students from underserved Northern Virginia communities amid the COVID-19 pandemic. Communities In Schools NOVA will distribute Amazon’s donation through its Right Now [[...]
Tech Innovation Campus announces advisory board
Amid its inaugural virtual semester, the Virginia Tech Innovation Campus in Alexandria is already kickstarting its future tech talent production through the creation of an advisory board, for which top Virginia executives will provide guidance to the campus on business partnerships and projects. Top executives from Qualcomm, Boeing, KPMG, Northrop Grumman, The Carlyle Group and […]
Alexandria telecom firm buys New York company
Alexandria-based telecommunications company InSite Wireless Group LLC announced Wednesday it has acquired Great Neck, New York-based Repeater Communications Group LLC, an operator of leased rooftop telecommunications sites in the New York City area. A transaction amount was not disclosed. InSite Wireless is a privately owned company that manufactures tower and wireless infrastructure. With the a[...]
300+ Alexandria small businesses receive COVID-19 funding
More than 300 small businesses in Alexandria were funded by the Alexandria Back to Business (ALX B2B) grants program in the wake of the COVID-19 crisis, the Alexandria Economic Development Partnership (AEDP) announced Thursday. In May, Alexandria City Council committed $2.4 million from its federal CARES Act appropriations, and allocated an additional $2 million from […]
Richmond Airport CEO named secretary, treasurer of American Assoc. of Airport Executives
The Alexandria-based American Association of Airport Executives (AAAE) announced Friday its 2020-21 leadership board, which includes Richmond International Airport President and CEO Perry Miller, who was tapped as the organization’s secretary and treasurer. Kelly Campbell, executive director of aviation at the Lubbock Preston Smith International Airport in Texas, will serve as chair. Other[...]
Report shows 60% of Americans wear sweatpants while teleworking
Approximately 60% of Americans report that they are wearing sweatpants or athletic wear while telecommuting, according to survey results released Monday by the Alexandria-based Society for Human Resources Management (SHRM). Only 6% of respondents reported wearing business attire. “With just 6% of teleworking Americans wearing business attire at home, and 17% working in our pajamas, [&helli[...]
City of Alexandria signs lease in Mark Center
The Institute for Defense Analyses (IDA) signed a lease with the city of Alexandria, which will move the city Department of Community and Human Services and the Alexandria Health Department into the current IDA headquarters building in the Mark Center development in 2023, following renovations. Depending on leasehold improvements, the transaction price will fall between […]
