Acquisitions
Falls Church-based background data company Altegrity has acquired Chicago-based supply chain management company CVM Solutions for an undisclosed amount. CVM Solutions will be part of Altegrity’s Kroll Risk & Compliance subsidiary.
Blagnac, France-based aerospace company Airbus has agreed to buy Dulles-based air traffic management services company Metron Aviation. Terms were not disclosed.
Falls Church-based defense contractor General Dynamics has completed its previously announced acquisition of Westford, Mass.-based wireless networking company Fortress Technologies. The terms have not been disclosed.
Awards
McLean-based aerospace and defense technology company Northrop Grumman has been awarded the Champions of Veterans Enterprise Award by the Reston-based National Veteran Small Business Coalition for the company’s support of service-disabled veteran-owned small businesses.
Contracts
District-based energy company Pepco Holdings has hired management and technology consulting company Accenture to set up an integrated network operations center to expand Pepco’s ability to monitor its use of smart grid components.
Arlington-based hotel management company Interstate Hotel & Resort’s JHM Interstate Hotels India joint venture subsidiary has been awarded contracts to operate the Rajasthali Resort & Spa in Jaipur and the Ramada Amritsar.
Expansions & openings
Hamburger restaurant BRB: Be Right Burger has opened in Reston: Reston Town Center, 1820 Discovery St., Reston, VA 20190. 571-926-9428. www.eatbrb.com.
Bethesda-based digital agency Tahzoo has opened an office in Richmond: 200 Westgate Pkwy., Suite 203, Richmond, VA 23233.
Funding
Arlington-based AES Solar closed on long-term nonrecourse financing facilities of 68 million euro ($97.36 million) to finance the construction of solar photovoltaic projects in Italy.
Ellicott City-based Howard Bancorp received preliminary approval to receive an investment of up to $12.5 million in the company’s preferred stock from the Treasury Department under the Small Business Lending Fund. Howard Bancorp said it will use $6.3 million of the investment to redeem all outstanding shares of stock issued to the Treasury under the Capital Purchase Program.
Reston-based mobile app developer Canvas has raised the first $1.2 million of a $1.75 million second round of funding. Schaumburg, Ill.-based Motorola Solutions Venture Capital led the investment.
District-based TroopSwap.com, a daily deals Web site for military families, has raised $925,000 from angel investors.
Chevy Chase-based venture capital firm New Enterprise Associates has led a $30 million round of funding for Gaikai, a California-based cloud game developer.
Name changes
McLean-based health care information company Cognosante Holdings has changed the name of its Arizona-based unit, Fox Systems, to Cognosante LLC.
Other
Redwood, Calif.-based data center company Equinix announced plans to build a data center, to be called DC10, at the company’s campus in Ashburn. The center is to have 77,000 square feet of customer space and be built in phases. The first phase is expected to cost $34 million and is scheduled to open in early 2012.
— Compiled by Shawn Selby
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