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Falls Church consulting firm names COO
Falls Church-based management consulting firm Cathexis announced Friday it has promoted Halleh Seyson to executive vice president and chief executive officer. Seyson joined the company in Oct. 2019 as senior vice president. She was previously the group vice president at Social & Scientific Systems where she led health policy, data analytics and technology business. Before […]
Center for Innovative Technology campus sells for $47.35M
The Center for Innovative Technology (CIT) office building complex in Herndon has sold for $47.35 million, Gov. Ralph Northam announced Thursday. The Virginia Department of General Services (DGS) sold the property Thursday to affiliates of Chicago-based Origami Capital Partners LLC and Timberline Real Estate Partners in a tran[...]
Vienna-based OnLocation Inc. acquired by KeyLogic Systems
Vienna-based OnLocation Inc. has been acquired by KeyLogic Systems Inc., a subsidiary of McLean-based IIA Technologies Corp., the companies announced Wednesday. Financial terms of the transaction were not released. KeyLogic Systems is a Morgantown, West Virginia-based company that provides energy, data and power grid services to government agencies. OnLocation is an information and analytics company […][...]
Alphabet invests in Herndon cybersecurity startup
Herndon-based cybersecurity startup Expel announced Wednesday it received $50 million in Series D Round venture capital funding. CapitalG, the growth fund of Google LLC’s parent company Alphabet Inc., led the round. CapitalG General Partner Gene Frantz will also join Expel’s board of directors. Battery Ventures, Greycroft, Index Ventures, Paladin Capital Group and Scale Venture Partners […][...]
Excella wins $20B federal contract for IT services
Arlington-based software and information technology management company Excella announced Wednesday it was awarded a contract worth up to $20 billion from the National Institutes of Health Information Technology Acquisition and Assessment Center (NITAAC). “We pride ourselves on our industry-leading expertise in modernizing IT across the federal government,” Excella co-founder and CEO Burton White said in […][...]
Reston IT company emerges from bankruptcy with new CEO
Reston-based IT infrastructure company Internap Corp. (INAP) announced Tuesday it has emerged from Chapter 11 bankruptcy protection with a new CEO and $300 million in liquidity. The company originally filed for bankruptcy protection March 16. “When we began the restructuring process, we did so with a clear objective of strengthening our capital structure and best […]
McLean tech company names president, CEO
McLean-based mobile technology company CIBT Global Inc. announced Tuesday that Lee Spirer will be the company’s new president and CEO. Spirer will split time between the company’s McLean and New York City offices. Succeeding John Donoghue, Spirer was most recently the executive vice president and chief growth and transfo[...]
Reston-based Ellucian names chief marketing officer
Reston-based higher education software company Ellucian announced Wednesday it has named Sharon Loeb as its chief marketing officer. She will lead marketing initiatives and digital transformation for the company. Loeb was most recently the executive vice president and chief marketing officer at Cengage Learning, where she led marketing, communications and public affairs for the company. […]
Fairfax consulting company names president
Fairfax-based IT and management consulting contractor Axiologic Solutions LLC announced Wednesday it has named Andy Baratta as its president, who will lead business development and growth strategy for the company. Baratta was most recently the chief operating officer at Fairfax-based Data and Analytic Solutions Inc. He also prev[...]
Drones tested for emergency medical deliveries
The sky’s the limit when it comes to COVID-19-related solutions. After being approached by the state government, the Herndon-based Center for Innovative Technology (CIT) partnered with Virginia Beach-based DroneUp to test how drones can assist medical professionals in delivering test samples and personal protective equipment[...]
Reston-based Leidos acquires L3Harris businesses for $1B
Reston-based defense contractor Leidos Holdings Inc. announced Tuesday it has officially completed the acquisition of Massachusetts- and England-based L3Harris’ Security Detection and Automation businesses for approximately $1 billion in cash. The deal was originally announced on Feb. 4, when the boards of directors of both companies unanimously approved the transaction, according to a Leidos statement. […][...]
Reston IT company to be acquired by Cognizant
Reston-based human resources tech company Collaborative Solutions LLC will be acquired by New-Jersey based information technology company Cognizant, the companies announced Tuesday. Financial terms of the transaction were not disclosed and the deal is expected to close during Q2 2020. Collaborative Solutions specializes in Workday Cloud Platform applications for finance and human resources. Following the […][...]
