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Reston-based Comscore closes investment transactions
Reston-based media measurement and analytics company Comscore Inc. announced Thursday that it has closed its previously announced investment transactions with Connecticut-based Charter Communications Inc., Colorado-based Qurate Retail Inc. and an affiliate of New York-based Cerberus Capital Management LP. Each of the three companies made a cash investment in exchange for shares of convertible preferred stock, […][...]
Serco Inc. wins $600M Navy contract
Herndon-based tech company Serco Inc. (a subsidiary of United Kingdom-based Serco Group plc) has been awarded a potential eight-year, $600 million contract by the U.S. Navy to support its Anti-Terrorism/Force Protection (AT/FP) Ashore Sustainment Program. With an initial delivery order worth $153 million, Serco will support the program by providing software, hardware and firmware maintenance […][...]
Health care AI company bringing U.S. HQ to Loudoun
Zasti Inc., a health care-related artificial intelligence technology company, is investing $5.9 million to establish its U.S. headquarters in Loudoun County, creating 60 jobs, Virginia Gov. Ralph Northam announced Thursday. Founded in 2017 in India, Zasti, which is Sanskrit for “prediction,” develops AI-based risk screening, predictive analytics and climate change solutions for the health care […][...]
757 economic recovery plan focuses on cooperation
At a Thursday news conference, Hampton Roads regional leaders unveiled a new economic recovery plan for the next two years that focuses on cooperation and resiliency. Hampton Roads Alliance President and CEO Doug Smith presented a report detailing multiple goals for the region to help it recover financially after the COVID-19 pa[...]
New jobless claims increased last week in Va.
Initial unemployment claims increased across the state last week, while continued claims dropped slightly, the Virginia Employment Commission reported Thursday. For the filing week ending March 6, 13,736 people filed new claims for unemployment insurance, up from 12,155 the previous week. Meanwhile, 62,269 people filed continued claims, marking a 2.7% decrease from the previous week […]
Health Wagon receives COVID-19 vaccine doses after wait
A little more than a month after The Health Wagon’s director went on national television and said the Wise County-based free clinic system hadn’t received COVID-19 vaccine doses, it has now vaccinated 325 people in the past two weeks. In a news release Thursday, The Health Wagon President and CEO Teresa Tyson thanked[...]
The pandemic — one year later
One year ago this week, Virginians started bumping elbows instead of shaking hands. We raced about trying to find toilet paper and hand sanitizer and began washing our hands obsessively as a virus we’d only heard about in the news suddenly appeared in Virginia and would quickly transform daily life as we knew it. Virginia&[...]
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[...]
