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Clarabridge to be acquired by Utah firm in $1.13B deal
Qualtrics is purchasing Reston software company
Reston-based software company Clarabridge Inc. is being acquired by Provo, Utah-based data analytics firm Qualtrics International Inc. in a nearly $1.13 billion all-stock deal, the companies announced Thursday. Clarabridge’s platform uses artificial intelligence to provide conversational analytics — it is able to analyze customer feedback from indirect sources like social media, emails, support calls, chats
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Telos Corp. acquires Alabama biometric software company
Diamond Fortress Technologies makes touchless fingerprinting software
Published
Ashburn-based cybersecurity firm Telos Corp. has acquired Alabama-based biometric software company Diamond Fortress Technologies Inc., Telos announced Monday. Financial terms of the transaction were not disclosed. The acquisition adds patents to Telos’ biometric and digital identity intellectual property. Telos will integrate DFT’s ONYX software into its platform. ONYX is a touchless fingerprinting software that uses
Va. Tech Graduate School appoints next dean
Aimée Surprenant is dean of School of Graduate Studies for Memorial University
Published
Virginia Tech has named Aimée Surprenant of Memorial University of Newfoundland as the next dean of its graduate school, effective Sept. 1. Surprenant will lead the Graduate School’s budgetary, admissions and program development operations. She will serve as a member of the executive vice president and provost’s leadership team and as an adviser to graduate
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Virginians bet $235M on sports in June
Sports wagers total $1.3B since becoming legal in January
Published
Virginians bet $234.9 million on sports in June but nearly broke even, making $212.9 million during the fifth full month for legal sports wagers, according to data released Friday by the Virginia Lottery. Virginia sports betting wagers now total more than $1.3 billion since the state legalized sports betting in mid-January. In May, the state
Eight Va. companies graduate from VEDP export program
VALET program helps companies grow international exports
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Eight companies became the latest to graduate from the Virginia Economic Development Partnership’s Virginia Leaders in Export Trade (VALET) program, Gov. Ralph Northam announced Friday. The VALET program helps Virginia companies use international exporting as a growth strategy. During the two-year program, businesses learn international sales plan development services through trainings from international service providers,
Two Hampton Roads car washes sell for $1.6M
Solar Wash Inc. sold Franklin and Suffolk locations
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Two Solar Wash Inc. car wash locations in Hampton Roads sold for $1.6 million, S.L. Nusbaum Realty Co. announced Wednesday. Located at 910 W. Washington St., the Suffolk property has five self-service bays, seven vacuum bays and a fully automatic, soft touch station. The Franklin location, found at 1021 Armory Drive, has seven vacuum bays,
Chesterfield EDA eyes mixed-use project at Spring Rock Green
County supervisors will decide on $16M acquisition
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The Chesterfield County Economic Development Authority has proposed purchasing Spring Rock Green — a 42-acre property on the northwest corner of Midlothian Turnpike, near Chippenham Parkway — for $16 million to create a mixed-use development. The property is located between the Stonebridge Shopping Center and The Boulder’s Office Park. The first phase of the project
2021 Virginia CFO Awards: The winners
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Large business CFO: John C. Zeheb, Ukrop’s Homestyle Foods LLC, Richmond Large nonprofit CFO: Clifford Yee, Northern Virginia Family Service, Oakton Small business CFO: J. Robert Mooney, Phlow Corp., Richmond Small nonprofit CFO: Kim L. D’Errico, Special Olympics Virginia, Richmond Plus: The 2021 nominees list Amid pandemic, CFOs positioned businesses for recovery
Bridging the gap
Black-owned small businesses seek to overcome pandemic challenges
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At the beginning of 2020, A Family Affair Event Management had already filled its schedule for the year with an array of weddings and corporate, social and destination activities. Then COVID-19 struck, wiping the Stafford event planning company’s calendar clean. “It greatly impacted us,” says Tortica Anderson, owner of A Family Affair Event Management. “We
Silver Line will miss Labor Day target
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Problems plugging Silver Line Phase 2 into the rest of the Washington transit system is delaying the project’s transfer from the Metropolitan Washington Airports Authority to the Washington Metropolitan Area Transit Authority (WMATA). The transfer’s target date was Labor Day, but it’s not clear how long the transfer will be delayed, according to Marcia McAllister,