Sign In
Free Newsletter
Rosetta Stone to be acquired by Dallas company for $792M
Arlington-based language learning company Rosetta Stone Inc. will be acquired by Dallas-based digital education company Cambium Learning Group Inc. (backed by private equity firm Veritas Capital Management LLC) for $792 million, the company announced Monday. The transaction is expected to close during the fourth quarter this year. “This transaction represents the next step on a […]
Virginia Tech stakes claim on data science territory
Collecting and interpreting data has always been important in science, but Tom Woteki is at the start of a process that will teach Virginia Tech students how to make better use of information in scientific fields and possibly receive lucrative job offers. Director of the university’s data analysis and applied statistics progra[...]
Parking lot hot spots succeed at PHCC
Administrators at Patrick Henry Community College hustled to install Wi-Fi hot spots in its parking lots in March when the college closed due to the coronavirus. Since many of the college’s students live in rural areas without access to broadband, creating these hot spots became an immediate need when the pandemic crisis hit, [...]
Federal Contractors | Technology
CRAIG P. ABOD FOUNDER AND PRESIDENT, CARAHSOFT TECHNOLOGY CORP., RESTON The former president of Herndon-based DLT Solutions Inc., Abod founded Carahsoft in 2004. With roughly $5 billion in annual revenue, the defense contractor offers software, hardware and IT consulting services in the fields of cybersecurity, accounting, business intelligence and data analysis and storage. This year […]
Partnership brings computer education to Bristol, Wise students
A new partnership is preparing Southwest Virginia middle and high school students for tomorrow’s tech jobs. As part of the United Way of Southwest Virginia’s Ignite Technology Talent Development program funded through GO Virginia Region 1, middle and high school students in Bristol and Wise County will learn about careers in[...]
Telecommunications
TAD DERISO PRESIDENT AND CEO, MID-ATLANTIC BROADBAND COMMUNITIES CORP., SOUTH BOSTON Deriso is the proverbial big fish in the small pond of South Boston, where MBC has made significant headway in connecting Southern Virginia to broadband internet service, working with Old Dominion Electric Cooperative and Virginia Tech, among others. Founded in 2004, MBC owns and […]
Torc Robotics expanding, creating 350 jobs in Montgomery County
Torc Robotics plans to invest $8.5 million and create 350 jobs in Montgomery County, not far from its current operation in the Blacksburg Industrial Park, Gov. Ralph Northam announced Wednesday. The company produces self-driving vehicles and was started in 2005 by a group of Virginia Tech students who were on a robotics team together. In […]
Leidos snags $292M FAA contract
Reston-based Fortune 500 federal contractor Leidos Holdings Inc. announced Tuesday that it was awarded a $292 million contract from the Federal Aviation Administration to design and develop a system to provide air traffic controllers with real-time access to essential weather, aeronautical and National Airspace System (NAS) information through a common display system. Work on the […]
Palo Alto Networks to acquire McLean tech firm for $265M
California-based cybersecurity powerhouse Palo Alto Networks announced Tuesday that it has entered into a definitive agreement to acquire The Crypsis Group, a McLean-based incident response, risk management and digital forensics consulting firm, in a $265 million, all-cash transaction. The firm’s CEO, Bret Padres, will join Palo Alto Networks. The Crypsis Group currently operates as part […][...]
Excella promotes five to senior leadership positions
Arlington-based tech company and federal contractor Excella has promoted five executives to more senior leadership positions. “Hiring and retaining exceptional Excellians, while creating meaningful solutions, is critical to our purpose and what we built Excella to do,” said Burton White, CEO and co-founder of Excella. “Each of these Excella leaders is instrumental to the growth of […][...]
Newport News-based ITA awarded $50M contract
Newport News-based defense contractor ITA International LLC was awarded a five-year, $50 million contract to consolidate and modernize the U.S. Air Force’s electromagnetic spectrum operations at Eglin Air Force Base in Florida, the company announced Tuesday. EMS includes an array of frequencies used for radios, GPS, cell phones and remotely controlled devices; previously used mainly […][...]
Leidos subsidiary to build NASA spacecraft under $253M contract
Dynetics, a subsidiary of Reston-based federal contractor Leidos, has started developing a spacecraft called the Autonomous Logistics Platform for All-Moon Cargo Access through a potential $253 million contract with NASA to develop human landing systems for the agency’s lunar mission by 2024, CNBC first reported Wednesday. NASA selected Dynetics, along with Blue Origin and SpaceX, […]
