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Dec 15, 2021

Va. invests $722M in broadband expansion

Virginia Gov. Ralph Northam this week announced a state investment of $722 million in grants toward expanding high-speed internet service in 70 localities across the commonwealth. The governor says the funding will help Virginia achieve 90% of its universal broadband access goal by 2024. “Broadband access impacts every facet o[...]

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Dec 14, 2021

ICF International to acquire Creative Systems and Consulting

Fairfax-based management consulting firm ICF International Inc. has entered into a definitive agreement to acquire McLean-based IT federal contractor Creative Systems and Consulting, ICF announced Tuesday. The financial terms of the acquisition were not disclosed. Founded in 1969, ICF has about 7,500 employees. Creative was foun[...]

Qualtrics expansion expected to bring 400 jobs to Fairfax
Dec 9, 2021

Qualtrics expansion expected to bring 400 jobs to Fairfax

Qualtrics, a data analytics and experience management software company based in Seattle and Provo, Utah, is expanding its presence in Fairfax County and expects to create 400 jobs in a new location in Reston, Gov. Ralph Northam announced Thursday. The company will move from its former office in Reston to an 85,000-square-foot sp[...]

DroneUp inks deal with Walmart, acquires AirMap
Dec 7, 2021

DroneUp inks deal with Walmart, acquires AirMap

Virginia Beach-based DroneUp LLC is making moves at the end of the year, with a new partnership with Walmart Inc. and the acquisition of Santa Monica, California-based AirMap Inc., a company specializing in air traffic management software for drones. DroneUp and Walmart will have the first multisite commercial drone delivery ope[...]

Appian CFO to retire in 2022
Dec 3, 2021

Appian CFO to retire in 2022

Mark Lynch, Appian Corp.’s chief financial officer, will retire effective March 31, 2022, the McLean-based cloud computing company announced Friday. Appian will fill the position through an executive search process. Mark Matheos, the company’s senior vice president and global controller, will be promoted to chief acc[...]

Dec 2, 2021

The Carlyle Group to acquire CNSI

Washington, D.C.-based private equity firm The Carlyle Group announced Thursday that affiliated funds under its management have agreed to acquire McLean-based health information technology provider CNSI. Financial terms of the transaction, which is expected to close in December, were not disclosed. Greenwich, Connecticut-based firm Alvarez & Marsal Capital Partners currently owns CNSI. “We believe CNSI […][...]

Tysons-based MicroStrategy invested more than $2.2 billion to acquire 91,579 bitcoin, which rose to $5.94 billion in value as of mid-April. Photo by Stephen Gosling
Dec 1, 2021

MicroStrategy buys $414M more bitcoin in Q4

MicroStrategy Inc. bought $414.4 million worth of bitcoin — about 7,002 units — from Oct. 1 to Nov. 29, the Tysons-based business software company reported to the U.S. Securities and Exchange Commission on Monday. The company now holds about 121,044 bitcoins, for which it paid $3.57 billion total. The average purchase price [...]

3Pillar Global promotes COO, chief people officer
Nov 30, 2021

3Pillar Global promotes COO, chief people officer

Fairfax-based product lifecycle management company 3Pillar Global Inc. announced two promotions Tuesday: David Sawatzky to chief operating officer and Jamie Whitacre to chief people officer. Sawatzky was previously the company’s chief delivery officer. Whitacre served as the senior vice president of talent. “Dave and Jam[...]

Nov 23, 2021

BlueHalo acquires Md. software company

Arlington-based tech contractor BlueHalo announced Tuesday that it had acquired Annapolis Junction, Maryland-based software solutions provider Asymmetrik Ltd. Financial details of the transaction were not disclosed. Founded in 2008, Asymmetrik develops software solutions and technology tools to enable the intelligence community’s programs. It delivers open-source intelligence technologies to enable the collection and analysis of p[...]

GDIT wins $829M Defense Intelligence Agency contract
Nov 23, 2021

GDIT wins $829M Defense Intelligence Agency contract

Falls Church-based General Dynamics Information Technology Inc. (GDIT) won an $829 million contract with the Defense Intelligence Agency (DIA), the U.S. Department of Defense announced Monday. Under the fixed-price, award-fee task order, the Fortune 500 General Dynamics Corp. subsidiary will provide all IT help desk services for[...]

Amazon has hired 3,500 HQ2 workers
Nov 17, 2021

Amazon has hired 3,500 HQ2 workers

Amazon.com Inc. has hired 3,500 of its 25,000 planned workers for HQ2, the tech behemoth’s $2.5 billion East Coast headquarters in Arlington. Meanwhile, construction on the two office towers for HQ2’s first phase, Metropolitan Park, is more than halfway complete, company representatives said during a site tour Wednes[...]

Reston tech company promotes CFO
Nov 16, 2021

Reston tech company promotes CFO

Reston-based tech and network security company Electrosoft Services Inc. announced Tuesday that it promoted Justin Lapington to the role of chief financial officer. Lapington had been the company’s vice president of finance since September 2020. He led the implementation of a new resource planning system and expanded the f[...]

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