Reston’s 1901 Group Acquired By Leidos

Reston, Virginia-based Leidos Holdings has completed its $215 million acquisition of Reston-based IT services company 1901 Group. 1901 Group’s 400 employees will join the group as a result of the acquisition. 1901 Group was founded in 2009. The company’s name is a reference to the year 1901 when automation of the assembly line was invented — factory floor principles it says are the foundation of its IT enterprise modernization services. Continue reading