NEWS FEED

The Washington Post Sunday - - TAKING STOCK -

Team­ing up: STG Group, a Re­ston, Va.-based fed­eral con­trac­tor spe­cial­iz­ing in in­for­ma­tion tech­nol­ogy, agreed to pay about $119 mil­lion to ac­quire McLean, Va.-based Pre­ferred Sys­tems So­lu­tions, a provider of IT ser­vices to in­tel­li­gence and de­fense agen­cies.

Get­ting big­ger: The Tysons, Va.based Pen­tagon Fed­eral Credit Union has ab­sorbed the 22,000mem­ber Au­gusta Metro Fed­eral Credit Union, based in Au­gusta, Ga. Au­gusta Metro was formed in 1961 by em­ploy­ees of Con­ti­nen­tal Can.

For­eign in­vest­ment: Rag­ingWire Data Cen­ters of Ash­burn, Va., said Ja­pan-based NTT Com plans to ac­quire 100 per­cent own­er­ship of the com­pany. Fi­nan­cial terms were not dis­closed. Also, Rag­ingWire has named its pres­i­dent, Dou­glas Adams, as chief ex­ec­u­tive, suc­ceed­ing founder Ge­orge Macricostas, who be­comes ex­ec­u­tive chair­man.

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