Mergers & Acquisitions
AES Corp., an Arlington-based power company, acquired KMR Power Corp., an Arlington-based electric power company, in a stock- for-stock transaction of approximately $53 million. (Press release, 12/1/00) In another deal, the company will invest $362 million to obtain a 9.2 percent interest in Light Servicos de Electricidade S.A., a Rio de Janeiro, Brazil-based energy company. (Press release, 12/11/00)

American Management Systems, a Fairfax-based information technology firm has teamed with webMethods Inc., an integrated services company, to provide integration tools to federal civilian agencies. (PR Newswire, 12/6/00)

Bankers Insurance, based in Richmond, plans to acquire Washington, Chichester & Clarke, a Fredericksburg-based insurance agency. Terms were not disclosed. (Press release, 11/30/00)

CyberCash Inc., a Reston-based electronic payment technologies and services company, has acquired Network 1 Financial Corp., a McLean-based supplier of payment processing systems and Internet payment services. Network 1 Financial shareholders will receive CyberCash shares representing up to 50 percent equity of the merged company. Further terms were not disclosed. (PR Newswire, 12/14/00)

GlobalLearningSystems, a McLean-based e-learning strategies company, has acquired Electronic Learning Facilitators, a Bethesda-based e-learning. Terms were not disclosed. (Press release, 12/12/00)

Hilb, Rogal and Hamilton, a Richmond-based insurance company, acquired Kelter Thorner Inc., a Redwood City, Calif-based insurance agency. Terms were not disclosed (Press release, 11/30/00) The company also acquired Fidelity Insurance Agency Inc., a Pittsburgh-based insurer. Fidelity will join Hilb, Rogal and Hamilton’s office in Pittsburgh. Terms were not disclosed. (Press release, 12/4/00)

Hungerford Mechanical Corp., a Richmond-based contractor, has merged with Encompass Services Corp., a Houston-based communications, mechanical and maintenance management services firm. Terms were not disclosed. (Press release, 12/7/00)

InfoShark Inc., a Chantilly-based software company, acquired WebXi, a Burlington, Mass.-based messaging company. Terms were not disclosed. (Press release, 11/21/00)

Net2000 Communications Inc., a Herndon-based integrated broadband services company, plans to acquire Vision I.T. Inc., a San Jose-based integrated technology services company, for $6.3 million. (Business Wire, 12/7/00)

Trigon Healthcare Inc., a Richmond-based health care company, plans to purchase Cerulean Companies Inc., an Atlanta-based health insurer, for $675 million in cash. (Press release, 11/26/00)

Vista Information Technologies Inc., a Herndon-based technology consulting firm, plans to acquire Venimex Inc., an Atlanta-based management services company. (PR Newswire, 12/7/00)

Ethan Allen, a Danbury, Conn.-based furniture manufacturer, plans to invest $12.5 million in a manufacturing plant formerly owned by Pulaski Furniture in Pulaski County. Ethan Allen will retain the 376 employees that worked for Pulaski Furniture at the plant, and will create 70 new jobs. (Press release, 12/1/00)

The Investors Corp., a furniture manufacturer based in Richmond, British Columbia, plans to invest $12 million into an expansion project for the former Pulaski Furniture facility in Martinsville, creating 380 jobs. (Press release, 12/13/00)

Expansions
3-G International Inc., a Springfield-based software company, opened a new sales office in New York. (Business Wire, 12/5/00)

America Online Inc., a Dulles-based interactive services company, will invest $555 million in a second technology center in Prince William County, creating 175 jobs. Construction is scheduled for completion in October 2001. (Press release, 11/20/00)

EarthWalk Communications Inc., a Manassas-based technology company, plans to invest $4.5 million in the construction of a new corporate headquarters and a facility for assembly of products. (Press release, 11/20/00)

Equient, a Fairfax-based systems integration company, opened an office in Toronto, Canada to participate in the rapidly expanding Canadian e-commerce market. (Press release, 12/18/00)

Infineon Technologies, a Munich, Germany-based microtechnology company, plans to expand their location, formerly the site of White Oak Semiconductor, in Henrico County, creating 1,100 jobs. (Press release, 12/19/00)

Trader Publishing Co., a company partially owned by Norfolk-based Landmark Communications Inc., will move the Internet unit of its company to Virginia Beach, creating 350 new jobs. (The Virginian-Pilot, 12/1/00)

Savvis Communications Corp., a Herndon-based network service provider, opened a data center in San Francisco. (Business Wire, 12/12/00)

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Eric P. Graap, Chief Financial Officer, The Fauquier Bank in Warenton. (PR Newswire, 12/1/00)

Lisa Hook, Chief Operating Officer, AOL Wireless, the wireless communications subsidiary of Dulles-based America Online. (Business Wire, 12/13/00)

Edward D. Murphy, president and CEO of Carillion Health System, a Roanoke-based hospital organization. (Press release, 11/29/00)

Todd Stottlemyer, Corporate Financial Officer, BTG Inc., a Fairfax-based information systems and technology firm. (Business Wire, 11/30/00)

Lacy Walthall, CEO, Unitech LLC, a Hampton-based manufacturing company. (Press release, 12/8/00)

Toru Watanabe, CEO, Dominion Semiconductor, a Manassas-based manufacturer of flash memory chips. (The Washington Post, 12/6/00)

Tarmac America, a Norfolk-based building materials company, sold its building products business to Southern Building Products LLC, a West Palm Beach, Fla.-based building products company. Tarmac will continue operations as a product and materials supplier. (The Norfolk Virginian-Pilot, 1/03/01)

Premier Community Bankshares Inc., a Winchester-based holding company, received permission from its Board of Directors to repurchase up to 100,000 shares of the corporation’s common stock. (PR Newswire, 12/18/00)

Resource Bankshares, a Virginia Beach-based holding company, announced that its common stock began trading on the Nasdaq National Market as of Dec. 15, 2000. (PR Newswire, 12/14/000

Versar Inc., a Springfield-based engineering and architecture firm, has extended its stock repurchase program for up to $1 million more of outstanding common stock. (PR Newswire, 12/4/00)

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