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Vienna-based Spire Global to buy Canadian company for $161.2M
Vienna-based space-focused data and analytics company Spire Global Inc. has entered into a $161.2 million deal to purchase exactEarth Ltd., a Canadian maritime data provider, the two companies announced Tuesday. Spire, which is set to close on the cash and stock purchase late this year or in early 2022, will operate Ontario-based exactEarth as a […]
Booz Allen acquires Fredericksburg-based Tracepoint
Fortune 500 global management consultant Booz Allen Hamilton Inc. has acquired Tracepoint, a Fredericksburg-based digital forensics and incident response (DFIR) company, Booz Allen announced Monday. Financial terms of the agreement were not disclosed. Baton-Rouge based Plexos Group LLC, Tracepoint CEO Chris Salsberry, Brett Anderson and Rob Driscoll co-founded Tracepoint in December 2019. Tracepoint provides DFIR, […][...]
EarthLink to create 285 jobs in Norton
Atlanta-based internet service provider EarthLink is spending $5.4 million to build a customer support center in Norton, a project expected to create 285 jobs, InvestSWVA and Gov. Ralph Northam announced Tuesday. As part of moving its customer service operations from overseas to the U.S., EarthLink will build a 30,000-square-foo[...]
Blackboard to merge with Fla. company Anthology
Reston-based Blackboard Inc. announced Monday it will merge with Florida company Anthology. Anthology is a cloud-based software company focused on serving global education institutions, and Blackboard is a provider of learning management software and has more than 150 million users. Its clients include higher education institutions, K-12 schools, governments and businesses. The financial details were […][...]
TransUnion to acquire majority of Neustar for $3.1B
Chicago-based consumer credit reporting agency TransUnion has signed a definitive agreement to acquire Reston-based identity management tech company Neustar Inc.’s marketing, fraud and communications businesses for $3.1 billion in cash. The transaction is expected to close in the fourth quarter. The Neustar acquisition is expected to generate approximately $575 million in revenue and $115 million […][...]
Herndon’s BlackSky goes public after closing SPAC deal
Herndon- and Seattle-based geospatial intelligence and global monitoring company BlackSky Technology Inc. debuted on the New York Stock Exchange Friday after closing a SPAC merger originally announced in February. As of 4:09 p.m. Friday, BlackSky shares were trading at $10.98. Prior to Thursday’s merger with Philadelphia-b[...]
Tysons-based Neosystems to be acquired by High Street Capital
Tysons-based Neosystems is being acquired by High Street Capital, a Chicago-based private equity firm, the company announced Wednesday. Neosystems is an IT systems integrator and managed services provider to government contractors. Financial terms of the deal were not disclosed. The current management team of Neosystems, including CEO and co-founder Michael Tinsley and co-founder and Chief […][...]
GO Virginia funds two NoVa tech projects
GO Virginia Region 7 is allocating $2.2 million to two projects in Northern Virginia focused on developing the area’s technology industry, the Northern Virginia arm of the state’s GO Virginia economic development initiative announced Wednesday. “The COVID-19 pandemic has drastically increased the demand for high-tech jobs, giving our region a unique opportunity to make workforce […][...]
Guidehouse to acquire McLean tech company
Tysons-based consulting company Guidehouse announced Wednesday it has entered into a definitive agreement to acquire McLean-based company Dovel Technologies Inc. The sale is expected to close in the fourth quarter of this year. “The acquisition of Dovel is a strategic step in our journey to create the next generation global consultancy, bringing together best-in-class portfolios, […]
Spok reviewing options for potential sale of company
Arlington-based health care communications tech company Spok Holdings Inc. announced Friday that it is conducting a strategic review of its options, which may include selling the publicly traded company. California-based Acacia Research Corp. and its partner, New York-based Starboard Value LP, publicly expressed interest in acquiring Spok and have accumulated more than 5% of Spok’s […]
Vienna defense contractor wins $600M DISA contract
Vienna-based defense contractor Trace Systems Inc. won a contract worth up to $600 million from the Defense Information Systems Agency to support U.S. Air Forces Central Command (USAFCENT), the Department of Defense announced Friday. Under the single-award, indefinite-delivery, indefinite-quantity contract, Trace will acquire, integrate, install, operate and maintain communications systems to support USAFCENT-deployed mission requiremen[...]
GTT Communications to file for Chapter 11 bankruptcy
McLean-based telecommunications company GTT Communications Inc. is planning to file a prepackaged chapter 11 case after it closes the previously announced sale of its infrastructure division to Miami-based I Squared Capital, it announced Thursday. After the completion of the $2.15 billion sale, GTT and some subsidiaries will file their cases in the U.S. Bankruptcy Court […]
