Norfolk software company to expand, create 37 jobs
A Norfolk-based software company will expand its operation and create 37 jobs, Gov. Ralph Northam announced Thursday. SVT Robotics, a company that accelerates the deployment of industrial robotics, will invest $101,400 to expand in the Ghent area of Norfolk. The company will build a lab to house robotic equipment used to demonst[...]
McLean-based IntelliBridge LLC acquires Arlington’s U. Group
McLean-based tech contractor IntelliBridge LLC has acquired Arlington-based technology solutions firm U.Group, the company announced Tuesday. Financial details of the transaction were not disclosed. “U.Group’s team of creative and innovative technology experts solidifies our position in the digital solutions marketplace,[...]
Arlington’s Sage Management acquired by S.C. firm
Sage Management, an Arlington-based telecommunications software company, has been acquired by Charleston, South Carolina-based SIB Fixed Cost Reduction, SIB parent company O2 Investment Partners announced Tuesday. Financial details of the transaction were not disclosed. “Sage introduces a new adjacency that transforms SIB’s telecom cost-reduction capabilities,” SIB CEO Kevin Flounders said in a statement. “The compan[...]
Clarabridge to be acquired by Utah firm in $1.13B deal
Reston-based software company Clarabridge Inc. is being acquired by Provo, Utah-based data analytics firm Qualtrics International Inc. in a nearly $1.13 billion all-stock deal, the companies announced Thursday. Clarabridge’s platform uses artificial intelligence to provide conversational analytics — it is able to analyze[...]
Telos Corp. acquires Alabama biometric software company
Ashburn-based cybersecurity firm Telos Corp. has acquired Alabama-based biometric software company Diamond Fortress Technologies Inc., Telos announced Monday. Financial terms of the transaction were not disclosed. The acquisition adds patents to Telos’ biometric and digital identity intellectual property. Telos will integrate DFT’s ONYX software into its platform. ONYX is a touchless fingerprinting software that uses [&helli[...]
KLDiscovery appoints first COO from within
KLDiscovery Inc. has appointed Danny Zambito to the firm’s newly created chief operating officer position, the McLean-based software company announced Monday. Zambito, who has been with KLDiscovery since 2008, most recently served as the company’s executive vice president of global legal technologies and client servi[...]
Arlington supply chain tech company joins unicorn club
Following its $100 million Series C financing round, Arlington-based supply chain management technology company Interos Inc. has been valued at $1 billion, reaching coveted unicorn status. Led by CEO Jennifer Bisceglie, Interos is one of 74 female-led unicorns, according to Crunchbase. Worldwide, there are more than 770 unicorn [...]
Shield AI acquires Alexandria-based defense contractor
Alexandria-based defense contractor Heron Systems Inc. was acquired by San Diego-based technology company Shield AI, according to announcement Thursday from Shield AI. Financial details of the transaction were not disclosed. The companies will work on the deployment of artificial intelligent pilots for military aircraft. Shield [...]
Avantus Federal acquires Reston-based software company
Avantus Federal, a McLean-based IT defense contractor and NewSpring Holdings company, has acquired Reston-based software company Occam’s Razor Technologies LLC, it announced Thursday. Financial details of the transaction were not disclosed. Avantus CEO Andy Maner said in a statement, “For more than 10 years, Occam’[...]
ASGN buys Reston’s IndraSoft
Henrico County-based Fortune 1000 professional services company ASGN Inc. has acquired Reston-based software company IndraSoft Inc., it announced Friday. IndraSoft’s 220 consultants will join the Missions Solutions business unit at ECS, ASGN’s Fairfax-based federal contracting subsidiary. Acquired by ASGN in 2018, EC[...]
Ashburn-based Telos Corp. names new CFO
Ashburn-based cybersecurity firm Telos Corp. has appointed Mark Bendza as executive vice president and chief financial officer, the company announced Monday. Bendza was previously the vice president of investor relations at software industrial company Honeywell International Inc. He holds a bachelor’s degree from Wesleyan [...]
Accenture Federal Services hires infrastructure cyber lead
Arlington-based Accenture Federal Services announced Wednesday that it has hired Rick Driggers as its critical infrastructure cyber lead, a role in which he will help develop cybersecurity solutions to protect critical infrastructure. Driggers, who has already started in his new role, was the assistant director for the Integrate[...]