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Virginia Tech receives $10M gift for AI center, other programs
With a $10 million gift from Mehul Sanghani, CEO of Reston-based Octo Consulting Group, and his wife, Hema, Virginia Tech has renamed its Center for Artificial Intelligence and Data Analytics in the couple’s honor. The Sanghani Center will move its headquarters to Virginia Tech’s $1 billion Innovation Campus, which will be u[...]
Md. tech company acquires Fairfax analytics firm
Maryland-based tech company Smartronix LLC announced Monday it has acquired Fairfax-based analytics company Datastrong. Financial terms of the acquisition were not disclosed. Smartronix LLC provides cloud, C5ISR, advanced engineering and IT services, while Datastrong specializes in data architecture, design and business analytics for government and commercial clients. “Our acquisition of Datastrong represents an important step [&helli[...]
Colo.-based company acquires Herndon contractor for $112M
Colorado Springs, Colorado-based tech contractor Vectrus announced Dec. 28, 2020, that it would acquire Herndon-based Zenetex — a transaction valued at $112 million. Vectrus provides operations, logistics and IT services to the U.S. government, and Zenetex provides services to defense and national security clients. The acquisition will expand Vectrus’ client base and adds more than […][...]
Booz Allen’s TEAMS business unit acquired by Chantilly company
Chantilly-based System High Corp. announced Monday it has acquired McLean-based Fortune 500 global management consulting company Booz Allen Hamilton Inc.’s technical, engineering, advisory and management support (TEAMS) business unit. Financial terms of the acquisition were not disclosed, but the Booz Allen business unit includes 110 employees and serves the Missile Defense Agency (MDA). “The close […][...]
COVID-19 vaccinations for Va. essential workers start Monday
On Monday, 11 Virginia health districts will begin COVID-19 vaccinations of “frontline essential workers,” including police, teachers and grocery store workers, the Virginia Department of Health announced Friday afternoon. Some regions will continue vaccinations of priority group 1a, which includes frontline health care providers and employees and residents of long-term care facilities. But the following […][...]
Preferred Systems Solutions names new CEO
Reston-based federal contractor Preferred Systems Solutions has promoted Babs Doherty to be its president and CEO. Doherty led Eagle Ray Technologies Group for 18 years as its president and CEO before joining PSS in March 2020 through its acquisition of Eagle Ray, an information technology management company that she established[...]
Del. Torian elected chair of Virginia Minority Business Commission
Del. Luke Torian has been elected chair of the newly organized Virginia Minority Business Commission at its inaugural meeting on Thursday. The commission was created by the 2020-2022 biennial state budget to promote growth and competitiveness of minority-owned businesses in Virginia and evaluate best practices to expand minority[...]
Woodbridge IT firm names VP, cloud center of excellence
Woodbridge-based information technology company Sev1Tech LLC announced Thursday it has hired Matt Jordan as vice president, cloud center of excellence. With a decade of experience in cloud-based services, Jordan most recently served as vice president of corporate strategy and development at JHC Technology. In his new role, he wi[...]
Fredericksburg medical office building sells for $2.6M
A medical office building in Fredericksburg sold for $2.6 million, Cushman & Wakefield | Thalhimer announced Wednesday. Nashville-based real estate private equity firm Excelsior Capital Group LLC purchased the 13,786-square-foot property from DJK Properties as an investment. Located at 1011 Care Way, the building sits on the[...]
Reston-based Comscore secures investments for stock deal
Reston-based media-measurement and analytics company Comscore Inc. announced Thursday that Connecticut-based Charter Communications Inc., Colorado-based Qurate Retail Inc. and an affiliate of New York-based Cerberus Capital Management LP are each making a cash investment in exchange for shares of convertible preferred stock. Proceeds from the investment will be used by Comscore to retire existing debt […][...]
Mitre names new fellow
McLean-based The Mitre Corp. announced Thursday it has appointed Gerald Gilbert as a Mitre fellow focused on expanding the not-for-profit organization’s quantum science initiatives. Mitre fellows are a select group of scientists who lead programs at the organization, serving as subject matter experts and advisers to mission-critical programs, officers and the board of trustees. Gilbert […][...]
Fairfax tech company acquires Herndon intelligence services firm
Fairfax-based federal technology company Axiologic Solutions LLC announced Thursday it has acquired Herndon-based intelligence services firm Knowledge Link. It is Axiologic’s first acquisition. Financial terms of the transaction were not disclosed, but the acquisition will nearly double the size of Axiologic, according to a company statement. “Through the combination of Axiologic and Knowledge Link, we’ll […][...]
