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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 […][...]
U.Va. receives $1M gift for COVID-19 research fund
The University of Virginia announced Tuesday it has received a $1 million commitment from Charlottesville-area businessman and investor Paul Manning to establish The Manning Fund for COVID-19 Research, which will support the university’s efforts to develop COVID-19-related research projects. “The Manning Fund for COVID-19 [...]
Juul Labs moving HQ from San Francisco to D.C.
E-cigarette manufacturer Juul Labs Inc. is moving its company headquarters from San Francisco to Washington, D.C., a fact first reported Tuesday by the Wall Street Journal. Henrico County-based Altria Group Inc. holds a 35% stake in Juul, which is cutting about 900 jobs from its 3,000-person global workforce, including about 25%[...]
Capital Square names VP of construction management
Henrico County-based real estate investment company Capital Square announced Tuesday that it has named Michael Ollinger as vice president of construction management. He will be responsible for construction management for existing assets and new development. Ollinger most recently worked as a design and construction consultant [...]
Alarm.com subsidiary acquires apartment intercom company
A subsidiary of Tysons-based security company Alarm.com announced Monday it has acquired apartment intercom system company Doorport Inc. Financial terms of the transaction were not disclosed. Through the acquisition, PointCentral Smart Property Management, which focuses on rental properties, will now be able to offer building security and access as well as property management through a […][...]
Confirmed Va. coronavirus cases exceed 19,000
Virginia saw 717 new confirmed coronavirus cases in the last 24 hours, bringing the total Tuesday to 19,357 confirmed cases, according to the Virginia Department of Health. More than 2,750 Virginians are hospitalized from the disease and 690 are confirmed dead from COVID-19. The totals do not include 899 probable cases and 23 pr[...]
First Loudoun Innovation Challenge winners announced
The Loudoun Economic Development Authority (EDA) on Monday announced the four winners of its first Loudoun Innovation Challenge, which awarded $150,000 in total grants to innovative startups based in the county or committing to locate an office or jobs there. Launched in January, the challenge received 71 applications from proje[...]
Northam says businesses could begin reopening as soon as May 15
Restaurants, salons, retail stores, gyms and other recreational businesses will likely begin reopening on May 15, Virginia Gov. Ralph Northam announced Monday. Unless “something drastically changes,” the governor said he expects to start reopening Virginia businesses in a phased approach at the end of next week. Nort[...]
COVID-19 continues spread in Va.
The prevalence of COVID-19 continues to spread in Virginia, with 18,640 confirmed cases as of Monday, according to the Virginia Department of Health. Nearly 2,700 Virginians are hospitalized with the coronavirus and 662 are confirmed dead from COVID-19 in the commonwealth. Virginia saw an increase of 767 cases on Monday, 894 cas[...]
Va. has nearly 18,000 COVID-19 cases
UPDATED MAY 3, 9 A.M. Over the weekend, Virginia’s confirmed COVID-19 cases increased to 17,873 cases on Sunday, up from from 16,109 cases on Friday, according to the Virginia Department of Health. There are now 644 Virginians confirmed dead from the coronavirus and 2,613 people are hospitalized from COVID-19 in the common[...]
Booz Allen Foundation launches $1M fund for COVID-19 innovation projects
McLean-based global management consulting company Booz Allen Hamilton Inc. announced Friday that its foundation has launched a $1 million Innovation Fund that is open to nonprofits, small businesses and individuals who have ideas for projects that can help solve COVID-19-related social problems. Founded in 2017, The Booz Allen Foundation provides funding to youth and education […]
Internet governing body blocks $1.1B sale of Public Interest Registry
The governing body of Internet domain addresses voted Thursday to block the $1.135 billion sale of the Public Interest Registry, a Reston-based nonprofit created by the Internet Society in 2002 to manage the .org top-level domain, to private equity firm Ethos Capital. The Public Interest Registry has operated the .org domain — which is used […]
