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Reston-based Octo to be acquired by IBM
Deal to buy federal contractor to close in fourth quarter
Reston-based Octo is being acquired by IBM and its 1,500 employees will become part of IBM Consulting’s U.S. public and federal market arm. Terms of the deal were not disclosed
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Booz Allen Hamilton launches $100M VC fund
Fund will focus on defense, AI, cybersecurity, deep tech
Published
Booz Allen Hamilton Inc. has formed a $100 million corporate venture capital arm, the McLean-based Fortune 500 global management consultancy announced Wednesday. Named Booz Allen Ventures LLC, the arm will
Reston-based LookingGlass acquires Next5
Bryan Ware named as CEO
Published
Reston-based cyber intelligence firm LookingGlass Cyber Solutions Inc. will acquire Washington, D.C.-based technology consulting firm Next5, the company announced May 11. As part of the acquisition, Next5 CEO and founder
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Fluence to acquire renewable energy SaaS company
Nispera offers AI and machine learning-enabled SaaS
Published
Arlington-based energy storage and digital application company Fluence Energy Inc. announced Monday that it has entered into an agreement to acquire Nispera AG. Nispera is a Zurich-based artificial intelligence and
Amazon, Va. Tech partner on machine learning initiative
Blacksburg, Alexandria campuses will both play roles
Published
Virginia Tech announced Thursday morning that it is partnering with Amazon.com Inc. on an artificial intelligence and machine learning research initiative that will have a presence at both Tech’s Blacksburg
Calif. company buys Progeny Systems division for $30M
AeroVironment acquires Manassas-based Progeny's Intelligent Systems Group
Published
Simi Valley, California-based unmanned aircraft systems (UAS) company AeroVironment announced Wednesday it has acquired Manassas-based Progeny Systems Corp.’s Intelligent Systems Group (ISG) for $30 million in an all-cash transaction. ISG
NYC investment firm acquires controlling interest in Reston tech startup
Tracker Capital Management LLC invests in Presage Security
Published
New York City-based Tracker Capital Management LLC announced Monday that one of its affiliates has acquired a controlling interest in Reston-based tech startup Presage Security. Financial terms of the transaction
ASGN subsidiary buys Fla.-based tech firm
ECS acquires Integrated Solutions Management Inc.
Published
Henrico County-based Fortune 1000 professional services company ASGN Inc. announced Tuesday it has acquired Tampa, Florida-based information technology firm Integrated Solutions Management Inc. Financial terms of the transaction were not
Fairfax tech company names AI director
Aaron Burciaga joins ECS
Published
Fairfax-based technology and engineering company ECS (a subsidiary of Henrico County-based ASGN Inc.) announced Tuesday it has hired Aaron Burciaga as senior director of artificial intelligence (AI) and analytics. Burciaga