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SAIC set to acquire Unisys Federal for $1.2B
Science Applications International Corp. (SAIC) will acquire Unisys Federal for $1.2 billion, SAIC announced Thursday. Both companies are Reston-based, publicly traded federal contractors specializing in IT services. The transaction was approved by SAIC’s board of directors and the transaction is expected to close by May 1. Unisys Federal is an operating unit of Blue Bell, […]
Leidos to acquire L3Harris Technologies’ security detection, automation biz for $1B
Reston-based government contractor Leidos will acquire L3Harris Technologies’ Security Detection and Automation businesses for $1 billion in cash in a deal that is expected to close in the second quarter of 2020, the company announced Tuesday. The boards of directors for both companies unanimously approved the transaction. Headquartered in Tewksbury, Massachusetts, and Luton, England, the […][...]
Artificial intelligence firm opens U.S. headquarters in McLean
Belgium-based artificial intelligence platform developer and educator Omina Technologies has opened its new U.S. headquarters in McLean. Financial terms of the headquarters have not been released. Founded in 2016, Omina currently has an office in Miami. North America CEO Brian Alexander said in a statement that the company decid[...]
Now hiring: Computer science faculty
Virginia universities are getting ready for Amazon.com Inc.’s arrival, which will require the schools to produce thousands of computer scientists and engineers during the next two decades. In November, Gov. Ralph Northam announced the Tech Talent Investment Program, which allocates $16.6 million to 11 state colleges and [...]
Shentel installs residential fiber optic across valley
A growing number of Shenandoah Valley communities are seeing more competition among broadband providers. Edinburg-based Shenandoah Telecommunications Co., or Shentel, founded more than a century ago by farmers seeking improved telecommunications services for their rural communities, is still focused on that mission, though these[...]
Va.’s data center industry provided $4.5B in economic output in 2018
In 2018, Virginia’s data center industry directly provided approximately $4.5 billion in economic output and employed more than 14,000 people, according to a study released Wednesday commissioned by the Northern Virginia Technology Council’s Data Center and Cloud Committee. Despite the economic impact, however, Virginia’s data center incentive structure is one of the most restrictive in […][...]
Cybersecurity firm Expel adding 164 jobs in Fairfax
Expel Inc., a managed cybersecurity provider, is investing $1.4 million to expand its Herndon headquarters, creating 164 jobs in engineering, customer experience, IT, marketing and sales during the next three years. “Virginia has emerged as a national leader in cybersecurity and continues to be at the forefront of workforce development in this rapidly evolving industry, […]
Herndon-based K12 acquires Denver tech school for $165M
Herndon-based online education provider K12 Inc. will acquire Denver-based data and technology school Galvanize Inc. in a $165 million all-cash transaction, the company announced Monday. The deal was approved by both companies’ boards of directors and is expected to close on Monday. The acquisition includes Galvanize’s management team, campuses and software engineering and data science […][...]
Macedon Technologies set for $1.65M expansion in Reston
Macedon Technologies will expand its corporate headquarters in Reston, investing $1.65 million and creating an expected 147 jobs, Gov. Ralph Northam announced Thursday. The privately held software company, founded in 2009, is an Appian platform partner that provides programs for managing workflow and projects for businesses in several industries, including health care, insurance, manufacturing, energy, […][...]
State announces $18.3M in broadband grants
The Virginia Telecommunication Initiative (VATI) will award more than $18.3 million in grants to 12 broadband expansion projects in the state, mainly in rural areas, Gov. Ralph Northam announced Wednesday. The grants are expected to connect about 36,000 households, according to a press release. The governor’s proposed 2020-21 budget adds $16 million to the $19 […]
SafeGuard Cyber names senior VP for information security, corporate affairs
Charlottesville-based SaaS security platform provider SafeGuard Cyber has hired Thomas A. Dukes Jr. as its senior vice president for information security and corporate affairs, the company announced Tuesday. Dukes has more than 25 years of experience in cyber policy. He has previously served as the U.S. State Department’s [...]
Dulles-based ERP platform developer Unanet adds six new executives
Dulles-based enterprise resource planning (ERP) platform developer Unanet has hired six executives, the company announced Friday. Assad Jarrahian was appointed as chief product officer. Most recently, Jarrahian was the senior vice president of product at Toronto, Ontario, Canada-based Intelex Technologies ULC. He has also worked for companies including Pearson, Digidata, Oracle and EMS Software. He […][...]
