The Washington Post

Washington area business diary

Short takes on the week's announcements and deals.


Bethesda-based mortgage software developer Overture Technologies said it has acquired Utah-based property information service provider Real Property Insight. Terms were not disclosed.


Seattle-based Alaska Airlines said it plans daily nonstop service between Baltimore Washington Marshall International Airport and Seattle.

Melbourne, Fla.-based IT and communications company Harris Corp. said that it has opened its new 160,000-square-foot facility in Herndon, where the company is consolidating its Northern Virginia operations.

Herndon-based software developer MicroPact said it has signed a 10-year lease that doubles the size of its headquarters at 12901 Worldgate Dr.

France-based IT company Kode Software plans to open its first U.S. office in the Dulles area, according to the Loudoun County Department of Economic Development.


District-based Cogent Communications Group, which provides high-speed Internet access and other services to businesses, said it plans to raise $200 million through an offering of senior notes due in 2021.

Reston-based contractor Leidos said it has entered into a deal with an unnamed financial institution to buy back $200 million of its outstanding shares by June.


Edge Commercial Real Estate has moved its corporate headquarters from Bethesda to 656 Quince Orchard Rd. in Gaithersburg.

Name changes

Falls Church-based science, technology and strategy services nonprofit Noblis said it has renamed its Elan Tech Systems subsidiary to Noblis ESI.

— Compiled by Shawn Selby



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