Telos Sells Company In Refocusing Strategy
Telos Corp., of Ashburn, has sold Telos Field Engineering, its Utah-based computer maintenance and service business, for $10 million, the company announced last week.
The move is an attempt to refocus Telos, which develops electronic commerce strategies for businesses, on its core mission of bringing customers to the Web, President John B. Wood said in a statement. Wood also said the company could take further action to focus on its core business, but he did not offer any specifics.
Telos has about 1,100 employees worldwide. About 420 work in the company's Ashburn offices.
Pacific Gateway Exchange Plans Data Center in Dulles
A 50,000-square-foot data center owned by Pacific Gateway Exchange, of Burlingame, Calif., will occupy the fourth of 10 buildings in the Merritt at Loudoun Tech Center office building in Dulles.
Pacific Gateway, a telecommunications company that had revenues of $466 million last year, is what is known as a "carrier's carrier," carrying the traffic of long distance telephone companies over its networks. The company is expanding its Internet services and chose Loudoun for its data center in order to be close to other providers.
The $5 million data center, scheduled for completion by January, will house 20 employees.
Start-Up Workshop Offered For Small Businesses
The Loudoun County Small Business Development Center will hold a start-up workshop Oct. 21 at the Eastern Loudoun Regional Library in the Cascades Marketplace.
The center's director, Heidi Sheppard, will offer tips on developing a company mission and on marketing.
The seminar, from 5:30 to 9 p.m., is free and is aimed at owners of existing businesses, home-based business owners and anyone planning to start a company. To register, call the center at 703-430-7222.
Please fax items for Thursday's business page to Sarah Schafer at 703-777-8437, or send them by mail to 305 Harrison St. SE, Leesburg, Va. 20175, or e-mail firstname.lastname@example.org