Business

Tenable Holdings Inc. is making its second acquisition this year, and its fourth ever, with plans to purchase a California company for $160 million in cash. The Columbia-based cyber firm said Monday it has entered into a definitive agreement to acquire Accurics Inc., a company that specializes in cloud-native security, an approach to cybersecurity that fully focuses on the cloud instead of on-premises technology.

Maryland officials welcomed four new super cranes to the Port of Baltimore on Thursday that will enable one of the state’s biggest economic contributors to handle even more cargo and continue to grow jobs. The cranes will operate at the Seagirt Marine Terminal, where the Maryland Port Administration and Ports America Chesapeake recently completed construction and dredging of a second 50-foot deep berth. The second deep berth enables the Port of Baltimore to handle two super-sized cargo ships simultaneously.

College sports changed forever this summer when the NCAA adopted new rules allowing student-athletes to profit off of their name, image and likeness. The NCAA’s new rules came after the U.S. Supreme Court unanimously confirmed a lower court’s ruling that the college sports governing body’s prior restrictions on student compensation violated antitrust law.

Amazon.com is expanding its footprint in Baltimore again with a new warehouse — a 72,000-square-foot facility — and several hundred new jobs off Broening Highway. The Seattle-based e-commerce giant opened the so-called delivery station this week at 2100 Van Deman St. The facility is Amazon’s fourth major warehouse in the city and is located near its original city-based complex in Southeast Baltimore, where the retailer first opened a 1 million-square-foot warehouse in 2010 at a former GM plant off Broening Highway between Canton and Dundalk.

With another school year starting amid a global pandemic, schools are seeking new ways to keep students engaged in all or partially virtual learning environments. Enter a growing local startup that combines video gaming with science, technology, engineering and math (STEM) education, and is ready to scale its business with $1.5 million in new funding.

A proposed high-speed magnetic levitating train line that would get travelers from Baltimore to Washington, D.C., in 15 minutes has been grounded before it could even get rolling. Baltimore City Circuit Court Judge Kendra Ausby tossed maglev builder Baltimore Washington Rapid Rail’s attempt to condemn property in Wesport because the company did not get necessary approval from the mayor and City Council.

BGE COO and President Stephen Woerner — who helped lead the company’s transitions with Constellation Energy and Exelon Corp. — is leaving the local energy giant for a new job in Boston. Woerner said on Monday he is moving on after 31 years at BGE to become president of National Grid New England, an international energy company with offices in the U.S. and headquarters in London. The company’s operations in the U.S. are focused on New England markets.

With Covid-19 cases on the rise and flu season around the corner, now is the time for businesses to make decisions about vaccine mandates before things get worse, one of Maryland’s top health officials said Friday. Dr. Mohan Suntha, CEO of the University of Maryland Medical System, painted a bleak picture for the fall during a virtual discussion about the coronavirus delta variant, hosted by the Greater Baltimore Committee.

Seven manufacturing and retail businesses in Maryland are receiving microgrants from a $500,000 Opportunity Zone investment, Governor Larry Hogan announced Friday. Opportunity Zones are designated communities that are eligible for federal capital gains tax incentives. “Our state has been working hard to supercharge investment and make Maryland’s 149 Opportunity Zones the most competitive ones in America,” said Governor Hogan. “Maryland Opportunity Zone funds have already received more than $333 million of equity investments, and we continue to see expansion of businesses, new jobs, and much-needed affordable housing in these areas.”