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Atlanta firm acquires Reston telecommunications company
Atlanta-based investment company Battle Investment Group has acquired Reston-based telecommunications company Oceus Networks, the company announced Tuesday. A transaction amount was not disclosed. As part of the acquisition, former Oceus Networks CEO Jeff Harman will be promoted to president. Brad Antle, the former CEO of Fa[...]
OneWeb co-acquired by Maryland-based Hughes
Germantown, Maryland-based Hughes Network Systems LLC has joined a coalition with the United Kingdom government and Bharti Enterprises Ltd. of India to acquire London-based OneWeb, which has its U.S. headquarters in McLean, out of bankruptcy. Hughes invested $50 million in the coalition to acquire OneWeb, which has plans to launch a constellation of 650 low […]
Trustify CEO charged with defrauding investors
Daniel Boice, CEO and founder of Arlington-based tech startup Trustify Inc., was charged by federal prosecutors Monday with fraud and money laundering charges related to a scheme to defraud investors of $18.5 million. In a parallel action, the Securities and Exchange Commission also charged Trustify Inc. and Boice with violating the antifraud provisions of the […]
Autodesk buys Herndon software startup
San Rafael, California-based Fortune 1000 design and construction software company Autodesk Inc. announced Thursday it is acquiring Herndon-based construction project management software developer Pype. A transaction amount was not disclosed. This marks Autodesk’s ninth investment in a construction technology startup company, however. Since 2017, Autodesk has acquired Assemble, BuildingConnected and PlanGrid — totaling more than[...]
Navy awards $87M contract to Herndon company
The U.S. Navy awarded an $87 million contract to Herndon-based defense contractor ManTech International Corp. to provide information technology research, development and engineering for the Naval Sea Systems Command, the company announced Thursday. ManTech was awarded the contract through the U.S. Department of Defense Information Analysis Center’s Multiple Award Contract, which are awarded by the […][...]
GSA awards Fredericksburg company $66M contract
The U.S. General Services Administration (GSA) awarded a $66 million contract to Fredericksburg-based information technology company IST Research LLC to perform large-scale data collection. The funding comes from the GSA’s Phase III SBIR (Small Business Innovative Research) contract and will run through June 2025. IST Research will support information collection operations for the federal government. […][...]
Alexandria telecom firm buys New York company
Alexandria-based telecommunications company InSite Wireless Group LLC announced Wednesday it has acquired Great Neck, New York-based Repeater Communications Group LLC, an operator of leased rooftop telecommunications sites in the New York City area. A transaction amount was not disclosed. InSite Wireless is a privately owned company that manufactures tower and wireless infrastructure. With the acquisition, […][...]
Alexandria software company acquired by Massachusetts firm
Burlington, Massachusetts-based software company HealthEdge Software Inc. announced Wednesday it has acquired Alexandria-based software company The Burgess Group LLC. A transaction amount was not disclosed. The acquisition follows a majority stake investment in HealthEdge by funds managed by Blackstone Growth. “The acquisition of Burgess is a great strategic fit for HealthEdge to enter the large, […][...]
Fairfax company wins $17M contract to help with Census
The U.S. Census Bureau (USCB) has awarded Fairfax-based business and technology consulting company Customer Value Partners Inc. (CVP) a $17 million contract to help with data collection and analysis for the 2020 Census, the company announced Wednesday. “The U.S. Census Bureau gathers critical information to help our country run more efficiently,” CVP Founder and CEO […]
Manassas electronics manufacturer buys N.Y. company
Manassas-based radio frequency (RF) and microwave product manufacturer Mu-Del Electronics LLC (an Ironwave Technologies company) announced Tuesday it has acquired Floral Park, New York-based RF product manufacturing company Luff Research. A transaction amount was not disclosed. “With this acquisition, Mu-Del will be able to enhance Luff’s manufacturing quality and volume, thus offering superior products to […][...]
Ariz. company acquires Oakton risk management firm
Oakton-based risk management firm TalaTek LLC announced Tuesday it has been acquired by Arizona-based cybersecurity company Cerberus Cyber Sentinel. A transaction amount was not disclosed. Talatek will remain based in Northern Virginia. Founded in 2006, Talatek provides risk management, security and compliance services that help companies to meet Health Insurance Portability and Accountability Act (HIPPA), […][...]
Calif.-based cybersecurity firm buys Herndon cloud security company
Sunnyvale, California-based publicly traded cybersecurity company Fortinet announced Tuesday it has acquired Herndon-based cloud security company OPAQ Networks. A transaction amount was not disclosed. OPAQ Networks is a venture-backed company that raised $22.5 million in Series B financing in 2018, led by Greenspring Associates. Columbia Capital and Harmony Partners also provided financing. Fortinet made the […][...]
