ChannelWave to gain contract management and reporting

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Cambridge, Mass.--ChannelWave Software Inc. said Tuesday that it has cut a deal to acquire Walnut Creek, Calif.-based ChanneLogic for an undisclosed sum. The move is designed to extend ChannelWave's Web-based services for creating and managing product information and other marketing-support materials across multiple resellers. The deal is ChannelWave's fourth in less than a year, following buys of training company The Saratoga Group, Web-based sales system Drums of Toronto and request-for-proposal company Accurus.
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