Channel Intelligence Announces Acquisition of ClickEquations
(Business Wire)
CI is backed by Internet Capital Group. Conshohocken-based ClickEquations has been a First Round Capital portfolio company, and also has had backing from ICG. ClickEquations has been working with Channel Intelligence for some time, judging from this 2008 press release (ClickEquations was then known as Commerce360).
Update: A little more on the deal from the ClickEquations blog. ClickEquations President Craig Danuloff will continue as Chief Product Officer at Channel Intelligence.

SAP Rolling out New Analytics for SMBs (PC World)

BioLeap Moves Headquarters and Expands Staff to Meet Demand for Its Novel Molecular-Design Services
New Jersey Company’s Proprietary Technology Serves Research For Drug Discovery, Consumer Products, and Agrochemicals
(Business Wire)

Lockheed Martin Space Systems to Eliminate Approximately 1,200 Positions (PR Newswire)
Includes cuts in Delaware Valley.

Ericsson to Buy Telcordia for $1.2 Billion (Bloomberg)
Telcordia is based in Piscataway.


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