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Va.’s data center industry provided $4.5B in economic output in 2018
In 2018, Virginia’s data center industry directly provided approximately $4.5 billion in economic output and employed more than 14,000 people, according to a study released Wednesday commissioned by the Northern Virginia Technology Council’s Data Center and Cloud Committee. Despite the economic impact, however, Virginia’s data center incentive structure is one of the most restric[...]
Realizing Dreams and Filling Jobs
This session, General Assembly members are considering a proposal that would help close the commonwealth’s skills gap by providing workforce scholarships to individuals without access to the community college education required to gain these skills. This proposal is a win-win-win: assisting students, growing businesses and developing our communities. We are describing Governor Ralph Northam&[...]
Cybersecurity firm Expel adding 164 jobs in Fairfax
Expel Inc., a managed cybersecurity provider, is investing $1.4 million to expand its Herndon headquarters, creating 164 jobs in engineering, customer experience, IT, marketing and sales during the next three years. “Virginia has emerged as a national leader in cybersecurity and continues to be at the forefront of workforce development in this rapidly evolving industry, […]
Herndon-based K12 acquires Denver tech school for $165M
Herndon-based online education provider K12 Inc. will acquire Denver-based data and technology school Galvanize Inc. in a $165 million all-cash transaction, the company announced Monday. The deal was approved by both companies’ boards of directors and is expected to close on Monday. The acquisition includes Galvanize’s management team, campuses and software engineering and data science[...]
Herndon office buildings acquired near Amazon Web Services
A joint venture between Washington, D.C.-based real estate company Goodstone LLC and New York City-based investment company Waterfall Asset Management secured $49.625 million in debt financing from Bridge Investment Group LLC to acquire and renovate two office buildings in Herndon adjacent to Amazon Web Services’ East Coast headquarters. The Northridge I and II buildings, two […]
Whitney, Bradley & Brown acquires Decisive Analytics Corp.
Reston-based program management and consulting provider Whitney, Bradley & Brown Inc. (WBB) has acquired Arlington-based defense analytics provider Decisive Analytics Corp. (DAC), according to WBB’s parent company, H.I.G. Capital (H.I.G). Financial terms of the deal were not disclosed, but H.I.G is a global private equity investment firm with more than $35 billion of equity capital [&hel[...]
Reston software company names VP of customer success
Reston-based marketing software company Triblio named Acacia Waller as its vice president of customer success, the company announced Thursday. Triblio is the developer of an account-based marketing platform designed to orchestrate marketing and sales campaigns, provide audience management (account leads), track sales activity, provide account analytics and other market insight. Waller has been in [...]
Tysons insurance broker Ames & Gough promotes three execs
Ames & Gough Insurance Risk Management Inc. CEO Dan Knise will also serve as the chair of the Tysons-based insurance broker, which announced Tuesday that it was also promoting two senior executives to leadership positions. As chair and CEO, Knise will focus on the firm’s strategy and initiatives and will mentor new employees. He became […]
Reston IT provider 1901 Group names executive VP
Reston-based IT service provider 1901 Group LLC has named George Batsakis as its executive vice president and chief strategy officer, the company announced Tuesday. Batsakis will lead the company’s overall strategy planning and development, executive management, operations, new business development, emerging technology and partnerships. An Army veteran, Batsakis most recently worked for Acce[...]
Fairfax-based ICF to acquire cloud services provider for $255M
Fairfax-based consulting and technology services provider ICF International Inc. plans to acquire Arlington-based cloud services provider Incentive Technology Group LLC (ITG) for $255 million, ICF announced Tuesday. The closing of the transaction is subject to approval and is expected to occur in the first quarter. “IT modernization and cloud together is estimated to be approximately [&helli[...]
Samsung Electronics acquires Chantilly tech firm
Samsung Electronics has acquired Chantilly-based network services provider TeleWorld Solutions (TWS), Samsung announced Monday. Financial terms of the deal were not disclosed. TWS, a privately-owned company, will operate as a wholly-owned subsidiary of Samsung Electronics America Inc. Samsung will continue to offer TWS services such as network design, installation, testing and optimization. TWS le[...]
SAIC nets $727M Air Force contract
Reston-based information technology company Science Applications International Corp. (SAIC) received a $727 million contract from the U.S. Air Force that will move mission applications for the Air Force and Army to the cloud, SAIC announced Friday. SAIC was founded in 2013 and provides systems engineering, cloud migration, analytics, simulation, training and other IT services to […]
