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 […]
Health care AI company bringing U.S. HQ to Loudoun
Zasti Inc., a health care-related artificial intelligence technology company, is investing $5.9 million to establish its U.S. headquarters in Loudoun County, creating 60 jobs, Virginia Gov. Ralph Northam announced Thursday. Founded in 2017 in India, Zasti, which is Sanskrit for “prediction,” develops AI-based risk screening, predictive analytics and climate change solutions for the hea[...]
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 […]
Roanoke, New River Valley organizations form tech alliance
The Valleys Innovation Council (VIC), the Roanoke-Blacksburg Technology Council (RBTC) and the Regional Accelerator and Mentoring Program (RAMP) have formed an alliance called Verge. In July 2020, the three groups announced they were developing the alliance, which is aimed at supporting the region’s technologists, innovators and entrepreneurs. VIC focuses on research commercialization and [...]
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[...]
KeyBank parent company to buy McLean data firm
Cleveland, Ohio-based financial services company KeyCorp announced Tuesday it will acquire McLean-based AQN Strategies LLC, a data and analytics firm focused on financial services established by Ben Sabloff and Nigel Morris, co-founder of Capital One and fintech venture capital firm QED Investors. Financial terms of the transaction were not disclosed. Sabloff will serve as KeyCorp’s [&hellip[...]
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[...]
Tysons analytics firm Qomplx plans to go public
Tysons-based risk analytics firm Qomplx Inc. announced Monday its plan to go public through a merger agreement with Tailwind Acquisition Corp., a special purpose acquisition company backed by Philip Krim, co-founder and CEO of online mattress retailer Casper Sleep Inc. The deal values Qomplx, which will be listed on the New York Stock Exchange under […]
SW Va. aims to attract data centers via regional tax pact
As part of an effort to entice data centers to locate in the region, Southwest Virginia leaders announced Tuesday a joint agreement to set what will be Virginia’s lowest regional property tax rate on data center equipment. The localities comprising the Lonesome Pine Regional Industrial Facilities Authority — Dickenson, Lee, Scott and Wise counties and […]