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Herndon data center company to acquire Israeli company
Herndon-based EdgeConneX, a data center solutions company, has entered an agreement to acquire Israel-based Global Data Center (GDC), it announced Monday. Financial details of the transaction were not disclosed. Once completed, EdgeConneX will gain GDC’s two underground facilities in Israel, in Herzliya Pituach and Petah Tikva. The company’s two data centers are built in accordance [&h[...]
Reston-based Qlarion acquired by Maryland contractor
Columbia, Maryland-based government contractor GCOM Software LLC announced Wednesday it has acquired Reston-based Qlarion Inc., a data analytics and business intelligence contractor. The purchase marks GCOM’s fifth acquisition since 2018 and its first acquisition of a data analytics company. “Liberating data will enable governments at all levels to make more informed decisions, creating be[...]
Dark fiber optic network coming to NoVa
A new 680-mile, regional fiber optic network will begin to take shape in Northern Virginia during the second half of 2021. The project is a joint venture between Annandale-based Tenebris Fiber, Kansas-based Diode Ventures and New York-based JLC Infrastructure. Construction on the new dark fiber network will begin later this year, the companies said, starting […]
KeyBank parent company to buy McLean data firm
Cleveland, Ohio-based financial services company KeyCorp announced Tuesday it will acquire McLean-based AQN Strategies LLC, a data and analytics firm focused on financial services established by Ben Sabloff and Nigel Morris, co-founder of Capital One and fintech venture capital firm QED Investors. Financial terms of the transaction were not disclosed. Sabloff will serve as KeyCorp’s [&hellip[...]
San Francisco space data firm to merge with Reston SPAC to go public
San Francisco-based space-based data and analytics firm Spire Global Inc. announced Monday it will merge with Reston-based special purpose acquisition company NavSight Holdings Inc. to become a public company. Financial terms of the transaction were not disclosed, but it values the combined company at $1.6 billion and is expected to produce $475 million in gross […]
Virginia lawmakers advance Consumer Data Protection Act
RICHMOND, Va. — The General Assembly is advancing legislation that allows Virginia consumers more protection with their online data, though opponents say the measure does not include the ability for people to file private lawsuits against companies that breach the proposed law. The measure is known as the Consumer Data Protection Act in both chambers […]
Bon Secours, Sentara join 12 health care organizations forming data company
Bon Secours and Sentara Healthcare announced Thursday they have joined a group of 12 additional health care providers to form a new company, Truveta, which will offer data insights for patient care. Spurred by the rapid research needed to combat the COVID-19 pandemic, Truveta will create a new data platform using artificial intelligence and machine […]
McLean-based NuWave merges with Md. firm to form AI company
McLean-based federal technology contractor NuWave Solutions LLC and Columbia, Maryland-based PCI Strategic Management announced Tuesday the companies have merged to form BigBear.ai. NuWave CEO Reggie Brothers will become CEO of BigBear.ai and Sean Battle, former co-founder and CEO of PCI, will serve as vice chairman and chief strategy officer. Financial terms of the merger were […]
McLean contractor lands $87M Navy task order
McLean-based defense contractor Alion Science and Technology Corp. announced Monday it has received an $87 million task order to help the Naval Surface Warfare Center develop a vertical launching system and training equipment for the naval base in Port Hueneme, California. Under the potential five-year task order, Alion will perform research, development, test and evaluation […]
Norfolk company buys Michigan-based retail data firm
Trader Interactive, a Norfolk-based vehicle and commercial equipment dealer services company, announced Tuesday it has acquired Grand Rapids, Michigan-based retail data firm Statistical Surveys Inc. (SSI). Financial terms of the acquisition were not disclosed. Trader Interactive specializes in digital marketing for vehicle and commercial equipment companies, while SSI provides retail market share [...]
McLean federal contractor buys Pa.-based software company
McLean-based federal technology contractor NuWave Solutions LLC announced Tuesday it has acquired Allentown, Pennsylvania-based software company ProModel Government Services. Financial terms of the acquisition were not disclosed. This marks NuWave’s second acquisition since it was acquired by Boca Raton, Florida-based private equity firm AE Industrial Partners LP in June. Earlier in December[...]
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 […]
