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Washington area business diary for week of Jan. 28

By Shawn Selby,

Short takes on the week's announcements and deals.

Acquisitions

Reston-based software contractor Projility said it has acquired Houston-based SharkPro Software. Terms were not disclosed.

Arlington-based Interstate Hotels & Resorts said it has acquired the 718-room Radisson Resort Orlando-Celebration in Celebration, Fla., with Waramaug Hospitality LLC. Terms were not disclosed.

Vienna-based cybersecurity company Network Designs said it has completed its acquisition of Augusta, Maine-based BitSec Global Forensics. Terms were not disclosed.

Contracts

Silver Spring-based Choice Hotels International said it has signed an agreement with U.K.-based Akkeron Hotels Group to re-brand five Akkeron hotels under Choice’s Quality name and four under the Clarion name.

Silver Spring-based Discovery Communications has agreed to provide short-form videos from its various television channels to New York-based AOL .

Expansions

Annapolis-based software company High Street Partners said it has opened an office in Munich.

Herndon-based software company MicroPact said it will expand into the second floor of its headquarters building by the end of the month, and it expects to hire 20 more employees by the end of the quarter.

Orlando-based Caribbean restaurant chain Bahama Breeze Island Grille has opened a restaurant at 2714 Potomac Mills Cir., Woodbridge, VA 22192.

Pharmaceuticals

Rockville-based Emergent BioSolutions said it has begun a Phase 2 study to evaluate its BioThrax anthrax vaccine when administered with antibiotics.

District-based Vanda Pharmaceuticals said it has positive results for the second Phase III study of its tasimelteon drug for the treatment of non-24-hour sleep-wake disorder.

Rockville-based EntreMed said it has begun a Phase 2 trial of its oral ENMD-2076 drug administered to patients with advanced/metastatic soft tissue sarcoma.

— Compiled by Shawn Selby

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