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Nvidia-backed AI startup to curb hungry data centers’ appetite for power
Startup Emerald AI plans to use software that will help AI data centers adjust their energy consumption, avoiding strain on the grid.
Parsons acquires CTI for $89M
Parsons announced Tuesday that it has acquired Maryland-based Chesapeake Technology International for $89 million.
CIA pays Peterson Cos. $246M for Virginia office building
The CIA recently purchased a massive 10-story office building in Chantilly for $246 million, according to Fairfax County tax records.
$35B Capital One-Discover merger closes
McLean-based Capital One Financial completed its $35.3 billion acquisition of Discover Financial Services in May, finalizing the merger of the credit card giants announced last year. On April 18, Capital One received approval from the Federal Reserve and the Office of the Comptroller of the Currency to purchase Illinois-based Di[...]
22nd Century Technologies adds 880 jobs in Virginia
22nd Century Technologies plans to invest $1 million to expand its headquarters in Fairfax County and offices across Virginia.
General Dynamics subsidiary wins $1.85B contract modification
General Dynamics Electric Boat has been awarded an up to $1.85 billion contract modification from the U.S. Navy.
SAIC secures $928M Air Force contract
Science Applications International Corp. announced that it has been awarded a $928 million, five-year contract to support the Air Force.
EU opens investigation into $35.9B Mars-Kellanova merger; FTC approves deal
The European Union's antitrust watchdog organization has opened an in-depth investigation into Mars' proposed $35.9 billion acquisition of Kellanova
HUD to move into National Science Foundation building in Alexandria
HUD is relocating its headquarters from Washington, D.C., to the National Science Foundation building in Alexandria.
Tysons company acquired in $5B wireless tech deal
Casa del Fuego Family Office and Trust acquires Digital Global Systems in all stock transaction valued at $5B.
Report: EU set to launch antitrust probe of $35.9B Mars-Kellanova deal
The European Union's antitrust watchdog is expected to launch a full-scale investigation into Mars' $35.9 billion acquisition of Kellanova.
Raft acquires N3bula Systems for undisclosed amount
McLean-based defense technology company Raft announced last week it has acquired weapons technology developer N3bula Systems.
