Washington area business diary for week of April 22

April 21, 2013

Short takes on the week's announcements and deals.

Acquisitions

San Jose, Calif.-based Haystax Technology said it has acquired McLean-based threat analysis software company Digital Sandbox. Terms were not disclosed.

McLean-based news organization USA Today said its Travel Media Group has acquired Illinois-based interactive travel referral service Tripology. Terms were not disclosed.

Columbia-based media and marketing research firm Arbitron said its shareholders have approved the company’s previously announced acquisition by New York-based media measurement firm Nielsen.

Dulles-based education technology company Echo360 said it has acquired New York-based education technology company ThinkBinder. Terms were not disclosed.

Stafford-based satellite communications services provider TrustComm said it has reorganized under new ownership, after being acquired by investor group Global Secure Networks. Terms were not disclosed.

Richmond-based insurance broker Hilb Group said it has acquired Leesburg-based Engle, Paxson & Hawthorne Insurance Services. Terms were not disclosed.

Call for entries

The March of Dimes and the Armed Forces Communications & Electronics Association of NoVa are taking nominations for the 13th annual Heroines in Technology awards, which honor the volunteerism and community involvement of women from the technology industry in Maryland, the District and Northern Virginia. Deadline is July 12. Visit here to submit a nomination.

Expansions

Santa Clara, Calif.-based Hitachi Data Systems said that it has established a subsidiary focusing on the IT needs of the federal government. Hitachi Data Systems Federal is headquartered in Reston.

Tysons Corner-based dog day care company Dogtopia said it has signed a regional developer agreement for the San Diego County area in California.

Chicago-based United Airlines began weekly year-round service between Washington Dulles International Airport and Guatemala City, Guatemala, and San Jose, Costa Rica.

Rockville-based coffee importer and roaster Mayorga Coffee said it has opened its first Café Latino location, at Wheaton Mall in Wheaton.

Funding

Sterling-based data storage company IceWeb said it has reached an agreement with Sand Hill Finance to restructure its debt with a convertible $2.1 million debenture to replace the company’s existing financing deal.

Reston-based business intelligence software company Razorsight has received a $3 million loan from Horizon Technology Finance.

Moves

Digital agency BrowserMedia said it has moved from Bethesda to 1424 K St. NW, Washington, DC 20005.

— Compiled by Shawn Selby

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