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Prince William targets data center growth
Move over Loudoun County. Neighboring Prince William County could eventually wear the data center crown. Loudoun currently houses the world’s largest concentration of data centers, which cover more than 25 million square feet of county land. About 27 miles away, however, Prince William is projecting about 33 million square feet of data centers will be […]
Getting meta
Twenty years ago, artificial intelligence seemed like the stuff of sci-fi films such as “2001: A Space Odyssey” and “The Matrix.” Today, it‘s so ubiquitous as to be virtually unremarkable and unnoticeable — integrated into everything from GPS traffic navigation apps on our phones to smart devices in our homes to security scanners at the […]
Artificial intelligence gets real
Technology being developed in a nondescript office building in Reston could change how Army soldiers train for and operate in combat thousands of miles away. The Army’s Integrated Visual Augmentation System (IVAS) runs on a pair of Microsoft goggles and links to a microsized drone that flies autonomously and collects video analyzed in real time […]
Telus International to acquire WillowTree for $1.2B
Charlottesville-based WillowTree Inc., recently recognized by Adweek for being one of the fastest-growing agencies in the nation, has entered into an agreement to be acquired by Canadian tech company Telus International Inc. for $1.225 billion, Telus announced Thursday. The acquisition is expected to close in January and is subject to regulatory approvals. Under the agreement, […]
Modus Create acquires Philadelphia-based firm
Reston-based Modus Create Inc., a technology consulting firm, has acquired Philadelphia-based product and application development firm Promptworks LLC, Modus announced Tuesday. A dollar amount for the acquisition was not disclosed. The acquisition follows two others made by Modus Create this year. In May, the company acquired Atlas Authority, a New York-based information technology services and [&[...]
Trader Interactive hires new CFO
Norfolk-based Trader Interactive has named David McMinn its chief financial officer, the company announced Wednesday. The appointment of McMinn comes as Carsales.com Ltd. prepares to close its acquisition of Trader Interactive, an online marketplace for specialty vehicles, this month. Carsales.com Ltd. bought 49% of Trader Interactive in August 2021 for $624 million and then announced […]
Hitachi Energy plans $37M expansion in Halifax County
Hitachi Energy Ltd. will invest $37 million to expand its operation in Halifax County, creating 165 jobs, Gov. Glenn Youngkin announced Wednesday. The technology company will add 26,000 square feet to its existing facility in the county to make space for a new production line of large transformers to support the utility and renewable energy […]
Pangiam to add 200+ jobs at new Tysons HQ
Pangiam, a travel and security technology company, will invest $3.1 million to establish its global headquarters in Fairfax County’s Tysons area, creating 201 jobs over the next three years, Gov. Glenn Youngkin announced Thursday. Pangiam provides facial recognition technology, cloud-based applications and data-driven identity solutions to customers including the Department of Homeland Secur[...]
DXC Technology receives takeover interest
Ashburn-based DXC Technology Co. has received takeover interest from at least one private equity firm and is working with advisers, Bloomberg reported Wednesday. A company spokesperson declined to confirm details about the potential takeover to Virginia Business, saying DXC doesn’t “comment on market rumor and speculation.” The company’s stock rose to $28.84 at 1:30 p.m. [&[...]
Enabled Intelligence to expand, add 117 jobs
Enabled Intelligence Inc. is investing $1.4 million to expand its Falls Church headquarters, adding 117 jobs, Gov. Glenn Youngkin announced Wednesday. The company provides data-labeling services to enable artificial intelligence operations. Its expansion will add more than 10,000 square feet of classified and unclassified office space to its location at 6400 Arlington Blvd. “Accelerating the [&h[...]
Google completes $5.4B Mandiant acquisition
Google LLC has completed its acquisition of Reston-based cybersecurity company Mandiant Inc. in an all-cash transaction valued at $5.4 billion. Google is paying $23 per share for Mandiant, which is joining Google Cloud while retaining its branding. The companies announced the deal in March. Together, Google Cloud and Mandiant will offer customers more capable end-to-end […]
Arlington supply chain tech unicorn hires CFO
Arlington-based supply chain management technology company Interos Inc. has hired Aida Sukys as chief financial officer. Sukys was previously CFO at Justworks Inc., a human resources tech company. Sukys also was the group CFO and global head of financial business services for Willis Towers Watson PLC, a global risk management and insurance company. In that […]
