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Tech Companies
BrightPoint shareholders approve company’s sale
September 19, 2012
California-based Ingram Micro agreed in July to buy BrightPoint for about $840 million, including $190 million in debt.
MoreExactTarget's stock price falls as insiders unload shares
September 18, 2012
Scott OlsonThe stock fell more than 7 percent Tuesday after company insiders shed more than 7.5 million shares of the Indianapolis-based
marketing software firm. The selloff follows the expiration Monday of the company's lock-up agreement.
MoreBrightPoint reaches settlement in shareholder suits
September 7, 2012
Scott OlsonLawsuits filed by BrightPoint Inc. shareholders who are challenging the company's proposed sale to a California firm are
set to be dismissed after the sides reached a settlement.
MoreLock-up expiration looming for ExactTarget
August 29, 2012
IBJ StaffShares of Angie's List and Facebook were battered earlier this month immediately after the expiration of their lock-up
agreements. That’s something tech firm ExactTarget would like to avoid on Sept. 17, when its lock-up agreement expires.
MoreSix BrightPoint execs to share $31M golden parachute
August 22, 2012
Dan HumanBrightpoint Inc. CEO Robert Laikin stands to receive $14.1 million after his company is acquired by Santa Ana, Calif.-based
Ingram Micro Inc., say SEC documents released this week.
MoreTechPoint plans summit, entrepreneurial bootcamp
August 18, 2012
The first-ever Indiana Entrepreneurial Bootcamp will only be open to the first 100 who register.
MoreExactTarget brings in record quarterly revenue
August 9, 2012
IBJ StaffRecord second quarter revenue for ExactTarget Inc. wasn’t enough to generate a profit, the company said Thursday afternoon.
MoreInteractive Intelligence acquires Maryland company
August 9, 2012
Interactive Intelligence, a developer of communications and interactions-management software, purchased Bay Bridge Decision
Technologies in an all-cash transaction effective Aug. 1. Terms of the deal were not disclosed.
MoreBrightPoint takes quarterly loss despite uptick in revenue
August 8, 2012
IBJ StaffIndianapolis-basedBrightPoint Inc. suffered a $4.1 million second-quarter loss despite a 3-percent increase in revenue, the
Indianapolis-based wireless device distribution and logistics company said Wednesday afternoon.
MoreFastest-growing Slingshot SEO changes strategic course
August 6, 2012
Kathleen McLaughlinSlingshot SEO Inc., a fast-growing Internet marketing firm that made a job-creation deal with the state in 2011, said Monday
that it was eliminating about 15 percent of its work force—or roughly 15 employees.
MoreMarketing software firm CIK plans to expand, add 57 jobs
August 6, 2012
CIK Enterprises LLC, a marketing software and services firm, plans to add the jobs by 2016. The company will continue to lease
a 30,000-square-foot facility on the city’s west side.
MoreInteractive Intelligence takes loss despite rising sales
July 31, 2012
IBJ StaffInteractive Intelligence Group Inc. suffered a second quarter loss despite revenue growth of 5 percent, the company announced
Tuesday afternoon.
MoreScale Computing new storage unit with server could play in $5B market
July 21, 2012
Chris O'MalleyLocal firm's new data center is seen as an alternative to so-called "virtualization" trend.
MoreWestfield health IT firm sold for $473 million
July 18, 2012
J.K. WallMaxIT’s 1,300 employees, who provide information technology services to hospitals and physician practices, will join
Virginia-based Science Applications International Corp.
MoreInteractive Intelligence expects quarterly loss
July 18, 2012
IBJ StaffInteractive Intelligence Group Inc. on Tuesday said it expects to report a net loss in the range of $500,000 to $1.5 million
when it releases second quarter results July 31.
MoreState, former Colts invest in Fishers software provider
June 27, 2012
Kathleen McLaughlinThe state of Indiana and former Colts are among the lead investors in Fishers-based software provider CloudOne, the company
announced this week.
MorenFrame plans multi-million-dollar expansion of data center
June 7, 2012
Chris O'MalleyCarmel-based nFrame plans a multimillion-dollar expansion of its high-tech data center near Pennsylvania and 116th Streets,
the company disclosed Wednesday.
MoreTechnical engineering firm bought for $12 million
June 4, 2012
IBJ StaffIndianapolis-based Productive Resources LLC, a privately held technical engineering firm, has been acquired for $12 million
by Waltham, Mass.-based Lionbridge Technologies Inc., the companies announced Monday.
MoreChaCha joins list of elite startups
June 2, 2012
Red Herring magazine's annual list of top tech startups previously included the likes of Facebook, Google and Yahoo.
MoreTaxing career path ultimately appeals to entrepreneur
June 2, 2012
Chris O'MalleyAccounting, church jobs lead to software firm that helps tax accountants manage property tax disputes.
MoreStruggling BlackBerry maker could be drag on BrightPoint
May 31, 2012
Kathleen McLaughlinBlackBerry maker Research In Motion Ltd., which said it wouldn't turn a profit this quarter, accounts for about 10 percent
of BrightPoint's distribution business.
MoreShares of Facebook stall after company's record IPO
May 18, 2012
Bloomberg NewsFacebook sold 421million shares to raise $16 billion, giving the company a $104 billion market value. After the debut, underwriters
bought the stock to keep it from falling below the IPO price.
MoreDigital textbook firm Courseload raises millions
May 12, 2012
J.K. WallThe Indianapolis-based digital textbook company Courseload completed a new round of fundraising in April that its CEO says
gives the company the cash it needs to keep landing new university customers in what has become a fast-growing but hyper-competitive
field.
MorePurdue's Indy tech incubator nearing capacity
May 12, 2012
Chris O'MalleyOfficials consider expanding facility that got off to a slow start but began filling up last fall.
MoreInnovator Godfrey recognized for contributions to state's tech economy
May 5, 2012
Aprimo founder joins other notables as TechPoint Trailblazer.
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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.