Stratos Global of Bethesda signed a letter of intent to buy the shares of Xantic BV for about $191 million. The deal would merge two of the largest providers of satellite phone and communications services. Xantic is based in the Netherlands.
Danaher, the District-based industrial conglomerate, said the board of Leica Geosystems has taken "a neutral position" on rival bids for the company. Danaher had agreed to pay $925 million in cash for the Swiss maker of surveying equipment, but a Swedish company raised its cash-and-stock offer to about $1.15 billion.
Ipix of Reston, which specializes in 360-degree video and photos, is laying off 27 of its 60 employees, including 10 in Reston. The company indicated in a recent regulatory filing that it has financial problems that "raise substantial doubt about the company's ability to continue as a going concern."
Orbital Sciences of Dulles said a communications satellite it built for PanAmSat Corp. was successfully launched aboard a rocket from a base in Kazakhstan on Aug. 13.
Intelligenxia of Jacksonville, Fla., which makes software that analyzes unstructured data for trends, is opening an office in Falls Church to expand its government and commercial client base. President and chief executive Robert Carlson is relocating to Northern Virginia.
E-Trade Financial, which has major operations in Arlington, sold its recreational vehicle and marine lending business to GE Consumer Finance for $60 million in cash.
General Dynamics of Falls Church bought Tadpole Computer of Cupertino, Calif., which provides notebooks and servers to the military for secure communications. Terms were not disclosed.