Spotify completes $235M acquisition of Reston-based Megaphone
Music streaming giant Spotify Technology SA has completed the acquisition of Arlington-based media and education conglomerate Graham Holdings Co.’s podcast technology company, Megaphone, for $235 million, the company announced Tuesday. The acquisition was first announced Nov. 10. Founded in 2015, Megaphone provides hosting and ad-insertion capabilities for publishers and targeted ad sales for brand partners, […][...]
Leidos to acquire 1901 Group for $215M
Reston-based Fortune 500 government contractor Leidos Holdings Inc. announced Thursday it will acquire Reston-based information technology services company 1901 Group for $215 million. “We are pleased to welcome 1901 Group’s team of digital transformation experts who share Leidos’ commitment to making the world safer, healthier and more efficient through IT,” Leidos Chairman and CEO Roger […][...]
Arlington tech consultant names CTO, CGO
Arlington-based technology consulting company Definitive Logic has named Michael Conlin as chief technology officer and Ryan Elliott as chief growth officer. With more than 20 years of experience, Conlin was the first chief data officer for the U.S. Department of Defense. In his new role, he will focus on data analytics and ar[...]
Northrop Grumman CEO Kathy Warden to chair Aerospace Industries Association board
The Aerospace Industries Association (AIA) announced Tuesday it has named Northrop Grumman Chairman, President and CEO Kathy Warden to serve as the chair of the AIA’s board of governors for 2021. Mike Petters, president and CEO of Newport News-based Huntington Ingalls Industries, will serve as vice chairman. Since 1919, the AI[...]
PAE lands $98M Air Force contract
Falls Church-based defense and government services contractor Pacific Architects and Engineers (PAE) announced Thursday it has been awarded a $98 million contract from the U.S. Air Forces in Europe and Africa (USAFE-AFAFRICA) to provide electronic warfare operations training and infrastructure maintenance support. Task orders under the contract are projected to be performed in the United […][...]
eHealth Technologies creating 160 jobs in Scott County
eHealth Technologies Inc., a provider of medical record and image retrieval and clinical intelligence services, is investing $375,000 to establish a customer support center in Scott County that will create 160 jobs, Virginia Gov. Ralph Northam announced Thursday. Based in Rochester, New York, eHealth Technologies is a wholly owned subsidiary of Fairfax County-based private equity […]
MicroStrategy to increase bitcoin holdings by $550M
Tysons-based business software company MicroStrategy Inc. announced Wednesday that it will increase its bitcoin holdings by as much as $550 million following a convertible debt offering. In August, the company had announced that it had converted $250 million from its cash holdings into more than 21,000 bitcoins, making it one of the first public companies […]
Reston-based company names Tish Long to board of directors
Reston-based Applied Information Services (AIS) announced Tuesday it has named former National Geospatial-Intelligence Agency (NGA) Director Letitia “Tish” Long to the company’s board of directors. “Tish’s impact in the defense and intelligence community is unmatched,” AIS President and CEO Larry Katzman said in a [...]
Williamsburg engineering company acquired by Kansas firm
Williamsburg-based TAM Consultants Inc. has been acquired by Kansas engineering firm Terracon Consultants Inc. Founded in 2002, TAM is a 15-person professional services firm that provides building consulting and facilities engineering services for public- and private-sector clients throughout the mid-Atlantic region. TAM has offices in Richmond, Williamsburg and Newport News. TAM’s employees are now part […][...]
Amazon now a top 10 employer in three NoVa counties
Amazon.com Inc. became one of the top 10 employers in three Northern Virginia counties in 2020, according to fiscal year financial reports in Arlington, Fairfax and Loudoun. In Fairfax, the e-tail giant ranks seventh among top principal employers, making up 1.17% of all county employees, which number between 5,000 and 9,999. In [...]
3Pillar acquires Ariz.-based software company
Fairfax-based product lifecycle management company 3Pillar Global Inc. announced Tuesday it has acquired Tempe, Arizona-based software development company Tiempo Development. Financial terms of the transaction were not disclosed. Tiempo Development, which employs more than 400 people, also has three digital delivery centers in Mexico, which will expand 3Pillar’s footprint and offerings of data science, analytics, […][...]
Unmanned aircraft company creating 249 jobs in Warren County
Silent Falcon UAS, an unmanned aircraft systems service provider and equipment manufacturer, will invest $6 million to locate its new East Coast headquarters for research development and manufacturing at the Front Royal-Warren County Airport, creating 249 jobs, Gov. Ralph Northam announced Tuesday. Founded in Albuquerque, New Mexico, Silent Falcon UAS manufactures patent-pending unmanned aircraft systems […][...]