Capital Business Blog - Fresh takes on the region's entrepreneurs and companies.

Posted at 02:31 PM ET, 12/20/2012

Oracle to buy Vienna-based Eloqua for $871M

By Steven Overly

Vienna-based Eloqua has agreed to be acquired by Oracle, the computer systems giant, in a deal worth $871 million, the firms announced Thursday.

By Steven Overly | 02:31 PM ET, 12/20/2012 | Permalink | Comments ( 0)

Posted at 04:52 PM ET, 12/18/2012

Nielsen agrees to pay $1.26B for Arbitron

By Steven Overly

The acquisition will allow Nielsen to better track the content that people listen to during their daily commute or when the radio plays around the house.

By Steven Overly | 04:52 PM ET, 12/18/2012 | Permalink | Comments ( 0)

Posted at 10:49 AM ET, 12/18/2012

Sodexo to keep 567 jobs in Gaithersburg

By Jonathan O'Connell

After months of considering other locations in the region, the on-site food services company will stay put.

By Jonathan O'Connell | 10:49 AM ET, 12/18/2012 | Permalink | Comments ( 0)
Tags: Sodexo, Montgomery County, Gov. Martin O’Malley, commercial real estate, Gaithersburg

Posted at 10:53 AM ET, 12/17/2012

Auction date set for West Heating Plant in Georgetown

By Jonathan O'Connell

The General Services Administration will hold an online auction set to begin Jan. 18.

By Jonathan O'Connell | 10:53 AM ET, 12/17/2012 | Permalink | Comments ( 0)
Tags: West Heating Plant, Georgetown, GSA, commercial real estate

Posted at 11:29 AM ET, 12/14/2012

Discovery continues international expansion with pair of agreements

By Steven Overly

The deals will strengthen the company’s foothold in Europe as it forges ahead with plans to bolster its international business.

By Steven Overly | 11:29 AM ET, 12/14/2012 | Permalink | Comments ( 0)

Posted at 05:31 PM ET, 12/13/2012

NII Holdings CEO steps down one month after layoffs

By Steven Overly

He will be replaced on an interim basis by Steven M. Shindler, who has served as chairman of the board of directors since 2000.

By Steven Overly | 05:31 PM ET, 12/13/2012 | Permalink | Comments ( 0)

Posted at 02:35 PM ET, 12/13/2012

Washington office building sells for record $734 million

By Jonathan O'Connell

The figure is believed to be the highest price ever paid for a building in Washington.

By Jonathan O'Connell | 02:35 PM ET, 12/13/2012 | Permalink | Comments ( 0)
Tags: Constitution Center, MetLife, Clarion Partners, Securities and Exchange Commission, Federal Housing Finance Agency, commercial real estate

Posted at 04:55 PM ET, 12/11/2012

Dan M. Tangherlini on the Hoover Building, Old Post Office, and more

By Jonathan O'Connell

The head of the GSA chats about some of Washington’s biggest current and future redevelopment projects.

By Jonathan O'Connell | 04:55 PM ET, 12/11/2012 | Permalink | Comments ( 0)
Categories: Latest | Tags: Dan Tangherlini, Federal Bureau of Investigation, General Services Administration, Federal Triangle South, commercial real estate

Posted at 11:57 AM ET, 12/11/2012

Gray offers grants to Walter Reed merchants, others

By Jonathan O'Connell

The grants can be as much as $85,000 and can fund improvements such as facade upgrades.

By Jonathan O'Connell | 11:57 AM ET, 12/11/2012 | Permalink | Comments ( 0)
Tags: Vincent C. Gray, Rushern Baker, Jack Evans, Federal Bureau of Investigation, General Services Administration, Redskins

Posted at 09:14 AM ET, 12/11/2012

TNS to go private in acquisition

By Marjorie Censer

The data communications company said it will be acquired by an investor group led by Siris Capital Group in a deal valued at about $862 million.

By Marjorie Censer | 09:14 AM ET, 12/11/2012 | Permalink | Comments ( 0)

Posted at 07:13 PM ET, 12/07/2012

Yes! Organic Market in Southeast to remain open under new name

By Jonathan O'Connell

Yes! Organic Market location east of the Anacostia to be called Healthy Gourmet Market.

By Jonathan O'Connell | 07:13 PM ET, 12/07/2012 | Permalink | Comments ( 0)
Tags: Yes! Organic Market, Gary Cha, Tim Chapman

Posted at 06:16 PM ET, 12/05/2012

LivingSocial to provide daily deals, services for small D.C. firms

By Steven Overly

The agreement is part of the $32.5 million tax incentive that the D.C. Council passed this summer.

By Steven Overly | 06:16 PM ET, 12/05/2012 | Permalink | Comments ( 0)

Posted at 05:31 PM ET, 12/05/2012

Former Ogilvy GR executive and Romney adviser joins energy company

By Catherine Ho

Drew Maloney has been named vice president of government affairs and public policy for Hess Corp.

By Catherine Ho | 05:31 PM ET, 12/05/2012 | Permalink | Comments ( 0)

Posted at 01:26 PM ET, 12/04/2012

K&L Gates to expand global reach by absorbing Australian law firm

By Catherine Ho

The merger is effective Jan. 1 and will boost K&L Gates’ presence in the Asia-Pacific region.

By Catherine Ho | 01:26 PM ET, 12/04/2012 | Permalink | Comments ( 0)

Posted at 11:07 AM ET, 12/04/2012

Loews to buy Madison Hotel for undisclosed sum

By Abha Bhattarai

The announcement comes less than two years after Jamestown Properties purchased and renovated the hotel.

By Abha Bhattarai | 11:07 AM ET, 12/04/2012 | Permalink | Comments ( 0)

Posted at 10:05 AM ET, 12/04/2012

SAIC reducing workforce by 700

By Marjorie Censer

The reductions will cut across its ranks and locations, but about 330 of the job losses will be local.

By Marjorie Censer | 10:05 AM ET, 12/04/2012 | Permalink | Comments ( 0)

Posted at 12:11 PM ET, 12/03/2012

CSC selling credit services unit to Equifax for $1 billion

By Marjorie Censer

CSC, which lost billions last year, is trying to reposition by cutting costs and rethinking its mix of work.

By Marjorie Censer | 12:11 PM ET, 12/03/2012 | Permalink | Comments ( 0)

Posted at 11:01 AM ET, 12/03/2012

GSA proposes trading Hoover Building for new FBI campus

By Jonathan O'Connell

The GSA outlined the proposal as it launched a search for private development partners for federal land in downtown Washington.

By Jonathan O'Connell | 11:01 AM ET, 12/03/2012 | Permalink | Comments ( 0)
Tags: Hoover Building, FBI, Federal Triangle South, GSA, commercial real estate

Capital Business Blog: December, 2012