Washington area business diary for week of Nov. 4

November 3, 2013

Short takes on the week's announcements and deals.

Acquisitions

Professional services giant PricewaterhouseCoopers said it will acquire Herndon-based HumanR, a developer of tools used to measure employee performance. Terms of the deal, which is expected to close this month, were not disclosed.

Expansions

Bethesda-based Web-access control systems developer Brivo Systems said it has created a new unit called Brivo Labs. The unit will develop apps that connect social and business networks with physical spaces, the company said.

Funding

Gaithersburg-based biotechnology company GlycoMimetics said in a filing with the Securities and Exchange Commission that it plans to sell 4 million share $14-$16 each in an initial public offering.

Sterling-based 9Lenses, a developer of organization intelligence software, said it has received an investment of $1.1 million from Menlo Park, Calif.-based Icon Venture Partners.

Herndon-based Center for Innovative Technology said it has invested an unspecified amount in Reston-based SL8Z, a developer of an online marketplace for crowdsourced recruiting.

Moves

Silver Spring-based mobile security start-up MobileSpaces said it has moved to a larger headquarters, at 962 Wayne Ave., Silver Spring, MD 20910.

Pharmaceuticals

Vienna-based Cel-Sci said it has signed a co-development and profit-sharing agreement with United Kingdom-based Ergomed Clinical Research for the use of Cel-Sci’s immunotherapy drug Multikine for treating people with HIV and human papilloma virus.

— Compiled by Shawn Selby

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