Washington area business diary for the week of Dec. 12

December 11, 2011

Short takes on the week's announcements and deals.

Acquisitions

Fairfax-based education software and services company Datatel said its previously announced acquisition of Pennsylvania-based education software and services company SunGard Higher Education has cleared Justice Department review and is to close in the first quarter.

French aerospace and defense tech company Thales, with U.S. headquarters in Arlington, said it will buy Florida-based Tampa Microwave, a maker of satellite communications terminals. Terms of the deal, which is expected to close in the first quarter, were not disclosed.

Fulton-based Colfax Corp., which makes fluid-handling products and technologies, said it is to acquire Canton, Ohio-based Cot-Puritech in a $34 million deal.

Chicago-based Telular, a developer of remote monitoring systems, said it reached a deal to acquire Sterling-based satellite technology developer SkyBitz in a $42 million cash and stock deal.

Arlington-based defense contractor National Security Partners has acquired Hanover-based tech company Summit Solutions. Terms were not disclosed.

Contracts

University of Maryland, Baltimore County of Baltimore won a $1.3 million contract from the Department of Health and Human Services for education and training services.

URS Federal Support Services of Germantown won a $1.6 million contract from the Army for technical representative services.

Versar of Springfield won a $5 million contract from the Army for professional, administrative and management support services.

Xenophon Strategies of the District won a $10 million contract from the Department of Health and Human Services for professional, administrative and management support services.

Fairfax-based tech company ManTech International said it has won a subcontract from Alexandria-based PD systems, valued at $28 million, to provide logistics support services to the Army’s Product Manager, Improvised Explosive Device Defeat/Protect Force.

Expansions

San Francisco-based operational intelligence software developer Splunk has opened an office in Bethesda: 7700 Wisconsin Ave., 11th Floor, Bethesda, MD 20814.

District-based security advisory firm Chertoff Group has opened an office in San Francisco.

Lima, Pa.-based transportation and logistics company Pilot Freight Services has opened a station near Washington Dulles International Airport: 13884-13886 Park Center Rd., Herndon, VA 20171; 703-787-7833.

Funding

Ashburn-based wireless network tech company Reverb Networks has raised $7 million in a new round of funding.

Bethesda-based online service company WeddingWire said it has received an undisclosed investment from North Carolina-based Southern Capitol Ventures.

Burke-based incense and oils manufacturer Mohan Corp. has received a $1.5 million revolving line of credit from New York-based Ashford Finance for purchase-order and other financing.

District-based daily deals company LivingSocial has raised $176 million in a round of equity financing the company says it plans to cap at $400 million, according to a filing with the Securities and Exchange Commission.

Mergers

District-based law firm Arnold & Porter and San Francisco law firm Howard Rice Nemerovski Canady Falk & Rabkin are to merge on Jan. 1.

Name changes

Reston-based risk and crisis management firm Clayton Consultants has changed its name to Clayton International.

Other

Arlington-based energy efficiency software company Opower said four utilities have joined its social application being developed with Facebook and the National Resources Defense Council. The utilities are Austin Utilities, Owatonna Public Utilities and Rochester Public Utilities, all based in Minnesota, and Loveland Water & Power in Colorado.

Transportation

Chicago-based United Airlines announced it will add a route to Doha, Qatar, via Dubai from Washington Dulles International Airport beginning May 1.

— Compiled by Shawn Selby and Vanessa Small

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