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McLean software company appoints two VPs
Logi Analytics, a McLean-based embedded software analytics firm, announced last week it has hired Vijay Pendyala as senior vice president of engineering and Jeff Seifert as vice president of alliances and channels. Pendyala was most recently senior vice president of engineering at Guavus and has held other leadership roles at Hewlett Packard Enterprise and People […]
Lynchburg software firm names federal biz VP
Lynchburg-based CloudFit Software LLC in February hired Tom Sampson as its vice president for federal and regulated industries. Sampson previously served as the chief information officer of the U.S. Navy’s F-35 Joint Program Office (JPO). He has 22 years of leadership experience in Navy active and reserve service and 15 years of tech experience. In […]
U.K. software company acquires Blacksburg firm
Nottingham, England-based software company Ideagen plc announced Tuesday it has acquired Blacksburg-based Qualtrax. Financial terms of the transaction were not disclosed. This marks the 21st acquisition for Ideagen, which provides quality management software for aviation, financial services, life science, health care and manufacturing industries. Founded in 1993, Qualtrax provides software that he[...]
Vienna systems integrator acquires Herndon software company
Vienna-based systems integrator Criterion Systems announced Tuesday it has acquired Herndon-based software company Realm Consulting. Financial terms of the transaction were not disclosed. Under the acquisition, Realm will operate as a wholly owned subsidiary of Criterion. Founded in 2005, Criterion provides cybersecurity, cloud/data center management, IT infrastructure operations and systems e[...]
Charlottesville construction software company acquired by Neb. firm
Omaha, Nebraska-based construction management software company Buildertrend announced Wednesday it has acquired Charlottesville-based CoConstruct, a similar software company. Financial terms of the transaction were not disclosed, but the two businesses in 2020 served a combined 23,000 clients and more than 1.1 million users, representing more than $200 billion in annual construction projects. The [...]
MicroStrategy buys $1B+ in bitcoin
Tysons-based business software company MicroStrategy Inc. announced Wednesday that it has purchased $1.026 billion of additional bitcoin, its largest single bitcoin purchase since it began acquiring the cryptocurrency last August. With this latest transaction, MicroStrategy’s total bitcoin holdings are worth approximately $4.5 billion, valued at current rates of $49,884 per bitcoin. The ente[...]
Toronto acquisition firm buys Richmond software company
Volaris Group, a Toronto-based buyer and operator of vertical market software companies, announced last week it has acquired Richmond-based educational software company SoftChalk LLC. Financial terms of the transaction were not disclosed. Using the SoftChalk platform, instructors can develop custom course materials and interactive content, including quizzes and annotated text. “The team at Volar[...]
NYC-based software company acquires Arlington Salesforce developer
New York City-based software company Togetherwork announced Wednesday it has acquired Arlington-based Salesforce developer Fonteva. Financial terms of the transaction were not disclosed. Under the acquisition, Fonteva will operate as a business unit within Togetherwork and be led by Fonteva Chief Revenue Officer Pat McGlynn, who has been named president of Fonteva. The majority of […]
MicroStrategy stock jumps 29% after Tesla bitcoin purchase
Following Tesla’s announcement that it had purchased $1.5 billion in bitcoin, Tysons-based business software company MicroStrategy Inc. — which has converted hundreds of millions in holdings to bitcoin now worth more than $3 billion — saw its stock price jump by 29% on Monday. By Monday at 4 p.m., the Nasdaq reported that MicroStrategy’s stock […]
CACI wins $376.4M National Geospatial-Intelligence Agency contract
Arlington-based federal technology contractor CACI International Inc. was awarded a potential $376.4 million contract from the National Geospatial-Intelligence Agency to improve its structured observation management (SOM) storage and production capabilities, according to a federal System for Award Management (SAM) notice. CACI will develop and deploy a software environment allowing the agency and [...]
Herndon franchise software firm buys Canadian tech platform
Herndon-based franchise management software company FranConnect announced Tuesday it has acquired Quebec, Canada-based FranchiseBlast. Financial terms of the transaction were not disclosed. The FranConnect platform assists with sales, operations and marketing for more than 800 brands worldwide. FranchiseBlast is a developer of a software platform for the franchise industry which works to streaml[...]
Ellucian names chief people officer
Reston-based higher education software company Ellucian announced Wednesday it has named Greg Giangrande as its chief people officer. Giangrande most recently served as a senior adviser at McKinsey & Co., where he worked with clients on enterprise transformation, employee experience, human resources, organizational health and culture, leadership development, diversity and inclusion and commu[...]
