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Arlington stock media company acquired by Boston firm
Arlington-based stock media company Storyblocks will be acquired by Boston-based private equity firm Great Hill Partners, the companies announced Thursday. A transaction amount was not disclosed. “We have seen dramatic changes to workflows for customers ranging from freelancers to small businesses to major production studios in recent years as they adapt to an ever-increasing demand […][...]
City of Suffolk names HR director
Suffolk City Manager Patrick Roberts announced Thursday that Robin Wynn will be the city’s new director of human resources, effective July 1. Wynn was most recently the human resources director for the Virginia Alcohol Beverage Control Authority in Richmond. With more than 28 years of experience, she has also served in hum[...]
375K+ remain unemployed in Va. during pandemic
More than 375,000 Virginians are still unemployed following the economic fallout from the COVID-19 pandemic, though the number of initial jobless claims across the commonwealth continues to decrease. The Virginia Employment Commission (VEC) announced Thursday that 874,779 people have filed initial unemployment claims since March 15. However, the total of initial claims for the week […]
McLean company to send six satellites into orbit
Los Angeles-based aerospace manufacturer Relativity Space announced Wednesday that McLean-based Iridium Communications Inc. has signed a contract to deliver up to six of Irdium’s satellites into orbit. Iridium currently operates a network of 66 satellites used for mobile voice and data communications. A contract amount was[...]
Reston network security firm taps new president
Reston-based tech and network security company Electrosoft announced Wednesday it has hired Manuel Miranda as its new president. In his new role, he will focus on company growth, business development, customer operations, information technology, human resources and recruiting. Before joining Electrosoft, Miranda had been chief o[...]
Reston tech firm names chief technology officer
Reston-based data and analytics tech firm Hitachi Vantara Federal Corp. announced Wednesday it has promoted Gary Hix to chief technology officer. As CTO, he will ensure products meet federal standards and work with the company’s government clients to develop new products. Hix most recently led the Hitachi Vantara Federal solut[...]
Health care providers fear cancellation of telehealth coverage after pandemic ceases
FAIRFAX, Va. — Meg Fregoso, a nurse practitioner, used to see patients who previously had a lung transplant at Inova Fairfax Hospital. Now she uses telehealth to meet patients. Fregoso is one of many health care providers offering more telehealth services due to the COVID-19 pandemic. However, providers are concerned that they will no longer […]
Northern Virginia Technology Council chooses acting CEO
The Northern Virginia Technology Council (NVTC) announced Wednesday that Brad Schwartz will serve as its acting president and CEO starting July 1. He succeeds Bobbie Kilberg, who announced her June 30 retirement in October 2019 after 22 years at the helm of the membership and trade association for the region’s tech industr[...]
Metro Silver Line service to resume Aug. 16
Metro will resume Silver Line service and reopen six Fairfax County stations on Aug. 16, the Washington Metropolitan Area Transit Authority announced Wednesday. The six stations are the five “west-of-Ballston” Silver Line stations (McLean, Tysons Corner, Greensboro, Spring Hill and Wiehle-Reston East) plus one Orange Line station: West Falls Church. The remaining three west-of-Ballston stations […][...]
Va. hotel revenues remain down
As the lodging industry struggles to bounce back from the economic crisis brought on by the COVID-19 pandemic, Virginia hotel revenues for the week ending June 20 dropped by 65% compared with the same period in 2019, according to new data from STR Inc., a division of CoStar Group providing market data on the hospitality […]
S.C. manufacturer relocating to Grayson County
Metalworx Inc., a manufacturer of highly-engineered and precision-manufactured components, assemblies and products for industrial uses, is investing $7.6 million to relocate its headquarters and manufacturing operations from South Carolina to the former Core Fitness Complex in Grayson County, Virginia Gov. Ralph Northam announced Wednesday. Virginia competed with North Carolina for the project, which will create […][...]
TowneBank and CHKD buy Norfolk Southern Tower for $30M
UPDATED JULY 2 | Suffolk-based TowneBank and Children’s Hospital of the King’s Daughters (CHKD) have jointly purchased the 22-story Norfolk Southern Tower in downtown Norfolk from the Fortune 500 railroad corporation, which is in the process of migrating its corporate headquarters to Atlanta. The building sold for $30 mill[...]
