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Vt. company buys Ashburn bioscience tech firm
Williston, Vermont-based bioscience software company MBF Bioscience announced last week it has acquired Ashburn-based Vidrio Technologies. Financial terms of the transaction were not disclosed. Vidrio Technologies provides microscope control software and hardware for laser scanning while MBF Bioscience provides microscope-based image analysis tools to researchers. “Vidrio has a pipeline full of exciting new products that [&helli[...]
Tysons risk analytics firm announces two acquisitions
Tysons-based risk analytics firm Qomplx Inc. announced Wednesday it would acquire Huntsville, Alabama-based cyber intelligence firm Sentar and London-based insurance software modeling firm RPC Tyche. Financial terms of the transactions were not disclosed. Qomplx announced earlier this month its plan to go public through a merger agreement with Tailwind Acquisition Corp., a special purpose acquisition […][...]
VMI alums and cadets report racial slurs used on ‘regular basis’
In an interim report, investigators looking into reported racist incidents at Virginia Military Institute say some alumni and current cadets have reported hearing racial slurs “on a regular basis” at the state-funded military college in Lexington. The Washington, D.C.-based law firm Barnes & Thornburg LLP, which [...]
ODU researchers: How to avoid Zoom fatigue
Although pandemic workdays for many have been filled with back-to-back Zoom meetings, a sense of belonging has dwindled, according to research published by Old Dominion University and Ohio State University researchers. “Feeling like you belong with the group is so tremendously important on a videoconference, and from our resul[...]
Virginia ABC announces Pappy Van Winkle lotteries
On Wednesday, the Virginia Alcoholic Beverage Control Authority announced that several highly prized Pappy Van Winkle whiskey products will be entered into an online lottery in March and April. The 23-year-old bourbon whiskey costs $300 per bottle, but in the online marketplace, a bottle of 25-year-old Old Rip Van Winkle bourbon[...]
State reaches $39.3M settlement with defunct Keysville tobacco company
Twenty-three years after the landmark Tobacco Master Settlement Agreement was reached, defunct Keysville tobacco company S&M Brands Inc. has settled with Virginia for nearly $40 million, the attorney general’s office announced Wednesday. S&M Brands, the makers of Bailey cigarettes and other products, closed in 2019. It was started in 1995 by father and son Mac […]
CoStar Group expands presence in Richmond
Commercial real estate information and analytics company CoStar Group Inc. announced Tuesday it has subleased an additional 51,000-square-foot office space in Richmond. More than 200 staff members are expected to be based on the ninth, 10th and 11th floors of the Riverfront Plaza East Tower at 951 East Byrd Street, less than a[...]
Large-scale vaccination clinics starting next week in Va.
Updated 7 p.m. The state will launch large-scale COVID-19 vaccination clinics beginning next week in Petersburg, Portsmouth and Danville, Gov. Ralph Northam said Tuesday. Curtis Brown, the state coordinator of emergency management, said he expects large clinic events will be held at 13 locations within the next three months, d[...]
Hampton Inn & Suites in Newport News sells for $9M
Chester-based Shamin Hotels has purchased a 120-room Hampton Inn & Suites in Newport News for $9 million. Shamin purchased the hotel, which it plans to renovate, from Yoder Inn Group LP as an investment. Located at 12251 Jefferson Ave. on approximately 2.65 acres, the hotel consists of 90 rooms and 30 two-room suites. Shamin[...]
The Hilb Group acquires Medicare-focused firm
Henrico County-based insurance company The Hilb Group LLC announced Tuesday it has acquired West Greenwich, Rhode Island-based Compass Planners (CP). Financial terms of the transaction were not disclosed. Led by Jim Soucy, CP is an insurance company that specializes in Medicare Advantage. Soucy and his three colleagues will join THG’s Cranston, Rhode Island office. Soucy […]
Baltimore company acquires Richmond architecture firm
Baltimore-based MCA Architecture announced Tuesday it has acquired KOP Architects of Richmond. Financial terms of the transaction were not disclosed. MCA already has offices in Pennsylvania, Maryland and Virginia. It will close its current Reston location and consolidate the two Virginia offices in Richmond. MCA will gain clients including Virginia Commonwealth University, VCU Health, the […][...]
Roanoke, New River Valley organizations form tech alliance
The Valleys Innovation Council (VIC), the Roanoke-Blacksburg Technology Council (RBTC) and the Regional Accelerator and Mentoring Program (RAMP) have formed an alliance called Verge. In July 2020, the three groups announced they were developing the alliance, which is aimed at supporting the region’s technologists, innovators[...]
