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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[...]
CareerGig buys Charlottesville SaaS company
Arlington-based CareerGig announced Wednesday it has acquired Charlottesville-based software-as-a-service (SaaS) platform Moonlighting. Financial terms of the acquisition were not disclosed. CareerGig is also an SaaS platform that matches freelance and contract workers with employers and offers an insurance marketplace for health, life and disability insurance. Users also have access to educatio[...]
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[...]
Sevatec, Octo Consulting announce merger
Fairfax-based software company Sevatec announced Tuesday it has merged with Reston-based government technology company Octo Consulting Group. The combined organization will have nearly $300 million in annual revenue and 1,100 employees. Founded in 2003, Sevatec provides design, DevSecOps, security, cloud service integration, data engineering and automation services and has won nearly $400 millio[...]
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[...]
Reston tech company names human resources VP
Reston-based systems integration provider iGov announced last week it has hired Deborah Sutton as vice president of human resources. She replaces Kim Schmitt, who has retired. With more than 25 years of experience, Sutton was most recently an independent executive human resources consultant. In her new role, she will advise senior management and lead the […]
Reston software, engineering contractor names VP, general manager
Reston-based software and systems engineering contractor Pragmatics Inc. has hired Blake Nelson as vice president and general manager. With more than 25 years of experience, Nelson was most recently the cloud strategic solutions-DOD cloud practice lead with Arlington-based Accenture Federal Services. In his new role, he will work with the company’s business development team and […]
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[...]
