investments
Latest stories
-
-
in Industry News, News
Boeing Invests $100M in Online Learning, Scholarships for Workforce & Community Development
Boeing has commenced new workforce development efforts valued at $100 million and funded by savings the company said it generated due to U.S. tax reform. The new programs are part of a $300 million planned investment in its employees, infrastructure and local communities and were derived from an online survey of over 40,000 ideas from across the […] More
-
in News
Cisco Executive Chair John Chambers Joins OpenGov Board of Directors
John Chambers, executive chairman and former CEO of Cisco, has joined the board of directors of OpenGov and invested in the latter company's cloud-based financial intelligence and planning services. OpenGov said Thursday the company seeks to draw on Chambers' experience in work with local and county governments, special and school districts as well as state and federal public […] More
-
in Industry News, News
Optus, Cisco to Co-Invest in Cyber & Internet of Things Tech Development for Australia’s Public Sector
Optus and Cisco have signed a letter of intent to allocate funds for a $12 million co-investment toward the development of cybersecurity, cloud and Internet of Things technologies for government agencies and businesses in Australia. Optus said Thursday the three-year investment was established in early March at the Cisco Global Partner Summit in San Diego, where Cisco announced the telecommunications company as […] More
-
in Industry News, News
Bold Capital Partners Invests in Security Network Company BlueLine Grid
Security collaboration platform BlueLine Grid has received an additional round of investment funds from equity firm Bold Capital Partners for an undisclosed sum. BlueLine Grid said Friday the funding from Bold Capital Partners follows investments from Motorola Solutions in December 2015 and intelligence community venture capital firm In-Q-Tel in May 2015. Double M Partners has also made an investment in BlueLine Grid within the […] More
-
in Industry News, News
ViON Opens Support, Services Facility in Utah; Tom Frana Comments
ViON Corp., a veteran-owned information technology company based in Herndon, Virginia, has opened a support and services facility in Utah as part of the company’s series of infrastructure, facilities and personnel investments. Tom Frana, president and CEO of ViON, said Thursday the company aims to bolster clients’ business and missions through this round-the-clock service and support coverage. ViON designs, delivers and maintains IT […] More
-
in Industry News, News
Verizon’s 2013 Wireline Network Investments in Virginia Reached $711M; Christopher Childs Comments
Verizon invested more than $711 million in Internet Protocol and fiber optic network services for businesses, government organizations and households across Virginia during 2013. The company’s spending on wireline infrastructure systems in the state has totaled approximately $3.7 billion over the past five years, Verizon said Friday. Christopher Childs, a regional president for Verizon’s consumer […] More
-
in News
In-Q-Tel to Help Market OpenGeo’s Geospatial Tech; Eddie Pickle Comments
In-Q-Tel has signed a strategic investment agreement with OpenGeo to promote the latter’s open source spatial technologies in the government market. OpenGeo’s suite works to function as a software stack that contains components for storing, processing and publishing geospatial data, IQT said Thursday. “We are excited about what this partnership will mean for the open […] More
-
in News
Commerce Secretary Penny Pritzker Stops at Ball Aerospace
Ball Aerospace and Technologies Corp. discussed its manufacturing investments and business insights with Commerce Secretary Penny Pritzker as part of her nationwide listening tour . Pritzker toured the company’s facilities in Boulder, Colo., and led discussions between government officials and industry leaders, Ball Aerospace Chief Operating Officer Rob Strain writes in a guest blog post […] More
-
General Dynamics IT Plans 1,300 Jobs for Kentucky-Based Health Exchange Centers
A General Dynamics business unit will add 1,300 new jobs at two centers in Kentucky that are intended to support the federal government’s Health Insurance Marketplace. General Dynamics Information Technology intends to hire 1,000 people for its office in London, Ky. and 300 employees for the site in Winchester, Gov. Steve Beshear said Friday. Customer […] More
-
AECOM Paper Seeks to Promote Public-Private Partnerships
AECOM Technology Corp. has circulated a document with a goal to encourage public-private partnerships for economic development projects in the U.S. “Fostering a Larger Private-Sector Role in United States Infrastructure“ also aims to urge the government to allocate funds for maintaining existing infrastructure assets, AECOM said Wednesday. John Dionisio, chairman and CEO, presented the white […] More
-
in News
RagingWire Invests $150M in Virginia Data Centers
Sacramento, Calif.-based data center company RagingWire has signed a deal with Virginia to raise its investment in the state to $150 million and gain tax incentives, the Washington Post reported Sunday. Marjorie Censer writes RagingWire opened in 2012 a 150,000-square-foot data center in Loudoun County, Va., worth nearly $42 million, and the company now intends to […] More
