Please ensure Javascript is enabled for purposes of website accessibility

Technology

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[...]

Nov 8, 2021

MicroStrategy bought $420M more bitcoin in Q3

MicroStrategy Inc. purchased nearly 9,000 additional bitcoins in the third quarter for almost $420 million, according to a quarterly report the Tysons-based business software company filed with the U.S. Securities and Exchange Commission on Oct. 28. As of Sept. 30, MicroStrategy’s holds a total of 114,042 bitcoins, valued at $7.5 billion based on a price […]

Nov 5, 2021

GTT Communications files for Chapter 11 bankruptcy

McLean-based telecommunications company GTT Communications Inc. announced this week that the company and some subsidiaries had filed prepackaged Chapter 11 cases. The close of GTT’s estimated $2.15 billion sale of its infrastructure division to Miami-based I Squared Capital on Sept. 16 allowed GTT to move forward on its bankruptcy cases, which it and some subsidiaries […]

Nov 4, 2021

Fairfax-based ICF acquires health care data management company

Fairfax-based management consulting firm ICF International Inc. has acquired Rockville, Maryland-based data management and health care information technology provider ESAC Inc., or Enterprise Science and Computing, the company announced Tuesday. Financial details of the transaction were not disclosed. Founded in 2006, ESAC’s 40-person team works on data coordination centers, big data integration and visualization, algorithm [&hell[...]

Nov 2, 2021

Blackboard completes merger with Fla. company

Reston-based education technology company Blackboard Inc. and Boca Raton, Florida-based Anthology Inc. higher education software company announced Oct. 25 that they had completed their merger. Financial details of the transaction were not disclosed. Anthology will be the parent company of the combined organization, with the Blackboard name remaining as a brand. Anthology has more than […]

Nov 1, 2021

ManTech to acquire D.C. tech firm for $350M

Herndon-based tech contractor ManTech International Corp. announced Monday that it has signed a definitive agreement to acquire Washington, D.C.-based Gryphon Technologies from Boca Raton, Florida-based AE Industrial Partners for $350 million. Gryphon Technologies provides digital and systems engineering capabilities for U.S. Department of Defense agencies, including predictive analytics, data science and cloud engineering. “This acqu[...]

Oct 19, 2021

Intact Technology to expand Fairfax HQ

Fairfax-based IT consulting firm Intact Technology will expand its headquarters, Gov. Ralph Northam announced Tuesday. The expansion will create more than 40 jobs, and Intact will invest at least $700,000, the governor’s office said. Virginia competed against Maryland for the project. In 2020, Intact relocated its headquarters from Greenbelt, Maryland, to Reston. The company was […]

YOUR NEWS.
YOUR INBOX.
DAILY.

By subscribing you agree to our Privacy Policy.