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Intel (Nasdaq: INTC) has agreed to purchase Itseez, a developer of computer vision, machine learning and pattern recognition algorithms. Doug Davis, senior vice president and general manager of the Internet of Things group at Intel, wrote in a blog post published Thursday that Itseez will join Intel™s IoT group to develop deep-learning-bas...

Jon Greaves, former Carpathia chief information security officer, has been named QTS Realty Trust‘s (NYSE: QTS) new chief technology officer in line with the latter’s efforts to build on its executive leadership. QTS noted Thursday that Greaves will report directly to Chad Williams, QTS chairman and CEO. Greaves held a number of po...

  Nicholas Masucci, chairman of the board of directors at Louis Berger, will retire from his role at the Morristown, New Jersey-based professional services firm on July 1. Masucci, who cited health issues as the reason for his retirement, will continue to serve as a non-executive board member on a part-time basis, Louis Berger said...

The GovCon Index closed down slightly 0.078 points to 78.195 with armored truck manufacturer Navistar International (NYSE: NAV) and CSRA (NYSE: CSRA) posting the largest percentage loses. CSRA conducted their fourth-quarter and full-year earnings call yesterday after the market close and posted mixed results,  as reported in GovCon Wire. U...

TYSONS CORNER, VA, May 26, 2016 ” Chenega Corp. will open a new customer service center in Arizona on June 9 in efforts to support federal government and defense clients in the region, ExecutiveBiz reported Wednesday. The company said Tuesday the Sierra Vista service branch will house Chenega military intelligence and operations ...

Government technology services contractor CSRA (NYSE: CSRA) will observe the merger of its former parent Computer Sciences Corp. (NYSE: CSC) with Hewlett Packard Enterprise‘s (NYSE: HPE) enterprise services segment for any potential opportunities, CSRA CEO Larry Prior told investors Wednesday. Falls Church, Virginia-based CSRA entered the mark...

TYSONS CORNER, VA, May 26, 2016 ” Bostonia will provide Honeywell $64 million to finance two energy savings performance contracts from the General Services Administration and U.S. Army Corps of Engineers, ExecutiveBiz reported Wednesday. Bostonia said $33 million will go to Honeywell’s project to update heating, v...

TYSONS CORNER, VA, May 26, 2016 ” Battelle and Boeing (NYSE: BA) have teamed with the Texas A&M University System, the University of Texas System and the University of New Mexico in a joint bid to manage the Energy Department‘s Sandia National Laboratories, ExecutiveBiz reported Wednesday. Battelle said Tuesday DOE’s N...