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 health care […][...]
Vt. company buys Ashburn bioscience tech firm
Williston, Vermont-based bioscience software company MBF Bioscience announced last week it has acquired Ashburn-based Vidrio Technologies. Financial terms of the transaction were not disclosed. Vidrio Technologies provides microscope control software and hardware for laser scanning while MBF Bioscience provides microscope-based image analysis tools to researchers. “Vidrio has a pipeline full of exciting new products that [&helli[...]
Reston cybersecurity firm names chief cyber officer
Reston-based LookingGlass Cyber Solutions Inc. announced Wednesday it has hired Norm Laudermilch as the company’s first chief cyber officer. Laudermilch most recently served as chief operating officer with software company Control Case. “As chief cyber officer, Norm will be collaborating with many of our team members as [...]
Tysons risk analytics firm announces two acquisitions
Tysons-based risk analytics firm Qomplx Inc. announced Wednesday it would acquire Huntsville, Alabama-based cyber intelligence firm Sentar and London-based insurance software modeling firm RPC Tyche. Financial terms of the transactions were not disclosed. Qomplx announced earlier this month its plan to go public through a merger agreement with Tailwind Acquisition Corp., a special purpose acquisition […][...]
ODU researchers: How to avoid Zoom fatigue
Although pandemic workdays for many have been filled with back-to-back Zoom meetings, a sense of belonging has dwindled, according to research published by Old Dominion University and Ohio State University researchers. “Feeling like you belong with the group is so tremendously important on a videoconference, and from our resul[...]
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 [...]
SAIC hires space biz senior VP
Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) announced Tuesday it has hired David Ray as the senior vice president of its space business unit. Most recently, Ray served as president of government and defense at Flir Systems. In his new role, he will lead the team focused on space [...]
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, innova[...]
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 helps companies with managing […][...]
Virginia Tech to lead DoD’s new Acquisition Innovation and Research Center
The U.S. Department of Defense has selected Virginia Tech as one of three schools to lead its new Acquisition Innovation and Research Center (AIRC). The AIRC is funded by the DoD and directed by the Office of the Undersecretary of Defense for Acquisition and Sustainment. The goal of the center (which also includes the New [&hell[...]
Germany-based workforce tech developer buys Vienna AR developer
TeamViewer, a German workforce technology developer, announced Tuesday it has acquired Vienna-based augmented reality software developer Upskill. Financial terms of the transaction were not disclosed. Founded in 2010, Upskill provides technology that uses smart glasses and handheld devices to help manufacturing, inspection and auditing workers for customers including The Boeing Co. and Merck & Co. […][...]
Avantus Federal names new board member
Avantus Federal, a McLean-based IT defense contractor, announced Tuesday it has appointed former Engility CEO Lynn Dugle to its board of directors. Dugle was chairman and CEO of Chantilly-based Engility before its 2019 acquisition by Reston-based Science Applications International Corp. During her career, she also served in se[...]