BizBash Media Founder David Adler and his family have made a $500,000 investment in D.C.-based Goodshuffle, which operates an online party rental supply marketplace and provides technology resources for the events industry. Read more at Technical.ly DC.
CASA de Maryland’s Plans to Move
CASA de Maryland will break ground today on a $14 million renovation of the old Belnord Theater at 2706 Pulaski Highway to create a 16,000-square-foot location for its employment center, which serves 11,000 immigrant and minority city residents each year. When complete at the end of next year, the facility will feature a vocational training lab, employment placement and workforce development programs and after-school and youth leadership development programs. Read more at the Baltimore Business Journal.
Merger Creates Mega-Million-Dollar Tech Company
L3 Technologies and Harris Corporation have entered into an all-stock merger agreement, leading to the creation of a $33.5-billion military technology company in a deal expected to close next year. The new company will be known as L3 Harris Technologies and combine each organizations’ military communications technology used for government defense systems. Read more at The Washington Post.