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Va.’s data center industry provided $4.5B in economic output in 2018
In 2018, Virginia’s data center industry directly provided approximately $4.5 billion in economic output and employed more than 14,000 people, according to a study released Wednesday commissioned by the Northern Virginia Technology Council’s Data Center and Cloud Committee. Despite the economic impact, however, Virginia’s data center incentive structure is one of the most restrictive in […][...]
Amazon HQ2 and Arlington County government will be solar powered
Arlington County and Amazon.com Inc. have entered into agreements with Richmond-based Dominion Energy Inc. to purchase power for local government operations and Amazon’s HQ2 East Coast headquarters from a solar farm more than 200 miles away in Southern Virginia. The Arlington County Board voted Tuesday to approve the agree[...]
Cybersecurity firm Expel adding 164 jobs in Fairfax
Expel Inc., a managed cybersecurity provider, is investing $1.4 million to expand its Herndon headquarters, creating 164 jobs in engineering, customer experience, IT, marketing and sales during the next three years. “Virginia has emerged as a national leader in cybersecurity and continues to be at the forefront of workforce development in this rapidly evolving industry, […]
Herndon-based K12 acquires Denver tech school for $165M
Herndon-based online education provider K12 Inc. will acquire Denver-based data and technology school Galvanize Inc. in a $165 million all-cash transaction, the company announced Monday. The deal was approved by both companies’ boards of directors and is expected to close on Monday. The acquisition includes Galvanize’s management team, campuses and software engineering and data science […][...]
Reston Business Campus sells for $13M
The four-building Reston Business Campus on Pinecrest Drive in Reston has sold for $13 million, according to the seller, Bethesda, Maryland-based commercial real estate firm Finmarc Management Inc. The campus was purchased by 10th Street LLC and totals approximately 83,000 square feet. The four buildings were part of a larger [...]
Macedon Technologies set for $1.65M expansion in Reston
Macedon Technologies will expand its corporate headquarters in Reston, investing $1.65 million and creating an expected 147 jobs, Gov. Ralph Northam announced Thursday. The privately held software company, founded in 2009, is an Appian platform partner that provides programs for managing workflow and projects for businesses in several industries, including health care, insurance, manufacturing, energy, […][...]
Dulles-based ERP platform developer Unanet adds six new executives
Dulles-based enterprise resource planning (ERP) platform developer Unanet has hired six executives, the company announced Friday. Assad Jarrahian was appointed as chief product officer. Most recently, Jarrahian was the senior vice president of product at Toronto, Ontario, Canada-based Intelex Technologies ULC. He has also worked for companies including Pearson, Digidata, Oracle and EMS Software. He […][...]
Booz Allen Hamilton promotes Judi Dotson to executive VP
McLean-based management consulting firm Booz Allen Hamilton is promoting Judi Dotson to executive vice president effective April 1, the company announced Jan. 17. Dotson has been with Booz Allen Hamilton for 31 years and currently leads the firm’s Joint Combatant Command account, which works for U.S. Department of Defens[...]
Yount, Hyde and Barbour acquires Woodcock & Associates PC
Winchester-based accounting and consulting firm Yount, Hyde and Barbour (YHB) has acquired Fredericksburg-based accounting firm Woodcock & Associates PC, YHB announced late last week. Financial terms of the acquisition were not disclosed. Woodcock & Associates specializes in construction accounting and has worked with cl[...]
Breakout Capital promotes McLean Wilson to CEO and president
McLean-based financial services company Breakout Capital LLC has promoted McLean Wilson from chief credit officer to chief executive officer and president, the company announced Jan. 14. Wilson joined Breakout — which provides capital loans and underwriting to small businesses —in 2016 as the company’s first lender. [...]
Herndon office buildings acquired near Amazon Web Services
A joint venture between Washington, D.C.-based real estate company Goodstone LLC and New York City-based investment company Waterfall Asset Management secured $49.625 million in debt financing from Bridge Investment Group LLC to acquire and renovate two office buildings in Herndon adjacent to Amazon Web Services’ East Coast headquarters. The Northridge I and II buildings, two […]
Whitney, Bradley & Brown acquires Decisive Analytics Corp.
Reston-based program management and consulting provider Whitney, Bradley & Brown Inc. (WBB) has acquired Arlington-based defense analytics provider Decisive Analytics Corp. (DAC), according to WBB’s parent company, H.I.G. Capital (H.I.G). Financial terms of the deal were not disclosed, but H.I.G is a global private equity investment firm with more than $35 billion of equity capital […][...]
