Maxar to take full ownership of 3D data and analytics company Vricon

Maxar to take full ownership of 3D data and analytics company Vricon

Maxar Technologies (formerly DigitalGlobe), a US space technology company, revealed plans to exercise its call option to take 100% ownership of Vricon, a Virginia-based 3D data and analytics company, for nearly $140 million. Vricon was established in 2015 as a joint venture between Maxar Technologies and Swedish aerospace company Saab to combine patented Saab IP […]

World Insurance Associates acquires Virginia Insurance Partners

World Insurance Associates acquires Virginia Insurance Partners

New Jersey-based insurance agency World Insurance Associates (WIA) has acquired Virginia Insurance Partners, based in Virginia, for an undisclosed price, as per the latest insurance acquisition news. Virginia Insurance Partners (VIP) is an independent insurance agency that caters to its clients with personal, commercial, farm, life, and benefits policies across Virginia. The insurance agency is […]

Dominion Energy Virginia Offshore Wind project : Siemens Gamesa selected as preferred turbine supplier

Dominion Energy Virginia Offshore Wind project : Siemens Gamesa selected as preferred turbine supplier

Dominion Energy has selected Siemens Gamesa Renewable Energy as the preferred turbine supplier for the 2.64GW Dominion Energy Virginia Offshore Wind project proposed to be built off the coast of Virginia. The project, which is touted to become the largest offshore wind power project in the US.  As per the preferred supplier agreement, Siemens Gamesa […]

Southeastern Trail expansion project : Williams secures FERC approval

Southeastern Trail expansion project : Williams secures FERC approval

Southeastern Trail expansion project FERC approval : The Williams Companies has been granted a certificate of public convenience and necessity for the Southeastern Trail project from the US Federal Energy Regulatory Commission (FERC). Southeastern Trail is an expansion of the Transco pipeline system aimed at giving additional pipeline capacity to cater to the Mid-Atlantic and Southeastern […]

United Bankshares to acquire Carolina Financial for $1.1bn

United Bankshares to acquire Carolina Financial for $1.1bn

United Bankshares acquisition of Carolina Financial : United Bankshares, the parent company of United Bank, has signed a deal worth around $1.1 billion to acquire Carolina Financial, the parent company of CresCom Bank, as per the latest banking acquisition news. The merger between the two US bank holding companies will create a major community bank […]

Tech Data to acquire government technology provider DLT Solutions

Tech Data to acquire government technology provider DLT Solutions

DLT Solutions, a Virginia-based government technology provider, has agreed to be acquired by Tech Data, for an undisclosed price. The acquisition is expected to boost Tech Data’s solutions aggregation offering for the public sector market. Following the completion of the deal, DLT Solutions will become a fully-owned subsidiary of Tech Data. DLT Solutions is said […]