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Graham Holdings Co. to acquire Leaf Group Ltd. for $323M
Arlington-based Graham Holdings Co. announced Tuesday that it has entered into an agreement to acquire Santa Monica, California-based consumer internet company Leaf Group Ltd. in a $323 million, all-cash transaction. Graham Holdings will acquire all outstanding shares of Leaf Group’s common stock at $8.50 per share. The transaction is expected to close in June or […]
Leesburg anti-phishing tech company Cofense buys Israeli firm
Leesburg-based tech firm Cofense, which specializes in phishing detecting and response solutions, announced Wednesday that it has acquired Israel-based Cyberfish, a company that provides artificial intelligence-based technology to battle phishing emails and websites. Financial details of the transaction were not disclosed. According to a news release, Cofense plans to use the data it has gathered [...]
Gainwell Technologies acquires health care tech company for $3.4B
Reston-based Gainwell Technologies, a six-month-old spinoff company of DXC Technology, has completed its approximately $3.4 billion acquisition of HMS Holdings, a Texas-based health care technology company, Gainwell announced April 1. The all-cash deal, announced in December 2020, was made for $37 per share. Gainwell, which has more than 7,500 employees, was created in October as […]
Chantilly IT firm acquired by N.C. company
A year shy of its 30th anniversary, Chantilly-based IT services provider SolutionWorx has been acquired by WingSwept, a B2B tech services company based in Garner, North Carolina, the companies announced. The deal, which became effective March 31, will allow the managed IT service providers to grow, and provide SolutionWorx with the resources of a larger […]
Amazon’s Helix gets green thumbs-up
What is now a quiet, achromatic area of Arlington, the National Landing neighborhood in a few years’ time will be a bustling urban area with distinctive office buildings and large green spaces open to the public. In early February, Amazon.com Inc. released plans for its 2.8-million-square-foot redevelopment of the PenPlace block, including three 22-story office […]
CounterFlow AI names new CEO
Charlottesville-based CounterFlow AI has named its chief product officer, Bill Cantrell, as CEO effective April 2, the network security firm announced today. Cantrell will succeed Randy Caldejon, who co-founded the company in 2017 and will continue as its executive chairman and vice president of engineering. Caldejon, whose Crozet Coffee Co. was acquired by Grit Coffee […]
SpaceLink establishes HQ in Tysons
Satellite telecommunications company SpaceLink, a subsidiary of Australian aerospace and defense contractor Electro Optic Systems, has established its headquarters in Tysons. SpaceLink is building a space relay network of satellites in medium Earth orbit that will provide secure, continuous, high-bandwidth communications between its clients’ low Earth orbit spacecraft and the ground. Clients[...]
Manassas IT consultant acquires N.C. tech firm
Manassas IT consulting services provider ARG Inc. has acquired North Carolina-based tech advisory firm NextWave Technology Providers, ARG announced last week. The financial terms of the deal were not disclosed. Adam Carreno, NextWave’s principal and founder, will join ARG as a principal. Before founding NextWave in 2020, Carreno was a cloud and technology specialist at […]
MWAA sells facial recognition system to Pangiam
VeriScan, a facial-recognition system developed by the Metropolitan Washington Airports Authority, has been sold to Alexandria-based Pangiam, a security and travel services provider, the company announced Friday. Terms of the transaction were not disclosed. More than 40 airlines use veriScan’s traveler verification system, which is an integrated biometric facial recognition program that debu[...]
Chantilly cell tower B2B biz acquired by California company
Chantilly-based SmallCellSite.com has been acquired by California’s Digital Locations Inc., a developer of 5G cell tower sites. The completed acquisition was announced on March 2. Financial terms of the acquisition were not disclosed. The acquisition means that Digital Locations now has 80,000 prequalified wireless cell sites. SmallCellSite has nonexclusive agreements with site owners all ov[...]
CDW Corp. purchases Norfolk-based Amplified IT
Norfolk-based education consulting firm Amplified IT has been purchased by CDW Corp., an Illinois-based Fortune 500 technological services provider, CDW announced Tuesday. Founded in 2008, Amplified IT focuses on the K-12 and higher education markets and is Google’s leading K-12 services partner. CDW offers its services to education customers as well as business, government and […]
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 […]
