Technology

Rapid rise of ExactTarget uplifting for young techies

October 27, 2012
Greg Andrews
In just over a decade, the interactive marketer has rocketed from bootstrapped startup to New York Stock Exchange-listed company with a market value of $1.5 billion.
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ExactTarget eyed as attractive takeover target

October 26, 2012
Bloomberg News
Indianapolis-based ExactTarget Inc., the fast-growing e-mail marketer that went public in March, is likely being looked at as a possible takeover target by software giants including Microsoft, Oracle and SAP, according to industry experts.
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Scale Computing lands $12 million in VC funding

October 23, 2012
Chris O'Malley
Scale Computing, a maker of data-storage devices that recently launched a “datacenter in a box,” has landed another $12 million in venture funding.
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DANZ: Indianapolis tech community should build momentumRestricted Content

October 20, 2012
Kristine Danz / Special to IBJ
More money, mentoring would add fuel to lively industry.
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Digital marketing firm starts landing big clientsRestricted Content

October 20, 2012
Scott Olson
Former Google manager returns to roots to launch FoundSM.
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Indianapolis tech firms, hospitals discover mutual needRestricted Content

October 20, 2012
Chris O'Malley
An initiative is matching tech entrepreneurs with hospital officials in the hope of solving health care problems.
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VIDEO: 12 startup pitches distilled to 3 minutes

October 19, 2012
Mason King
startup bowl watch videoBoiling down the dozen pitches from budding entrepreneurs at Thursday's Startup Bowl reveals vital themes: the mammoth influence of mobile, an intense craving for consumer data, and the relentless pursuit of revenue.
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Ingram Micro completes acquisition of BrightPoint

October 16, 2012
Associated Press
Ingram Micro Inc. said Monday that it has completed its roughly $840 million acquisition of Indianapolis-based mobile-device logistics provider BrightPoint Inc.
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IU’s tech chief using university's clout to save millions on softwareRestricted Content

October 13, 2012
J.K. Wall
Universities are the hubs of the world’s knowledge economy, but they typically aren’t the smartest business operators in the world. Brad Wheeler, chief information officer at Indiana University in Bloomington, is working to change that.
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ExactTarget aims to be one-stop shop with acquisitions

October 12, 2012
J.K. Wall
Indianapolis-based ExactTarget Inc., which grew up as an e-mail blasting company focused on consumers, is trying to entrench itself as a one-stop shop for smartly interacting with all manner of customers.
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ExactTarget buys interactive marketing firms for $116M

October 12, 2012
 IBJ Staff
The newly public tech company said it paid $95.5 million for Atlanta-based Pardot LLC and $21 million for Indianapolis-based iGoDigital.
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City robotics center aims to spark interest in STEM careers

October 10, 2012
Chris O'Malley
TechPoint Foundation for Youth is seeking a site and support for a new program intended to get students interested in careers involving science, technology, engineering and math.
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Members sue consumer ratings site Angie's List over fees

October 9, 2012
Chris O'Malley
A federal lawsuit seeking class-action status alleges that Angie’s List automatically renews members' subscriptions at a higher rate than they’re led to believe, under what it calls a “systematic and repeated breach of its membership agreement.”
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T2 Systems might tap cash hoard for acquisitionsRestricted Content

October 6, 2012
Chris O'Malley
Fast-growing T2 Systems has been biding its time since scoring a $28 million equity infusion a year ago, but the maker of parking management software could soon be towing competitors out of its space.
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Local software developer plans to add 25 jobs

October 2, 2012
Connect Think LLC said it will add the jobs by 2016 and will invest $244,000 in equipment to continue its focus on mobile application development.
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Locally based Synovia merging to create new company

September 24, 2012
Synovia and Everyday Solutions Inc. in Massachusetts are combining to form Synovia Solutions, which will be based in Indianapolis. Both companies provide GPS-driven products to help manage school transportation services.
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Jay stepping down as CEO of TechPoint

September 24, 2012
 IBJ Staff
Jim Jay, president and CEO of statewide technology advocacy group TechPoint for the past six years, is leaving to take a job in the private sector.
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Startup aims to take business cards into digital ageRestricted Content

September 22, 2012
Andrea Muirragui Davis
Indianapolis entrepreneur Nick Carter thinks he’s found a way to eliminate the “black hole” of marketing data: smart business cards that track how recipients use them.
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iPhone 5 launch draws Apple fans worldwide

September 21, 2012
Associated Press
In a now familiar global ritual, Apple fans jammed shops from Sydney to Paris to pick up the tech juggernaut's latest iPhone. Analysts estimate Apple will ship as many as 10 million of the new iPhones by the end of September.
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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.
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ExactTarget's stock price falls as insiders unload shares

September 18, 2012
Scott Olson
The 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.
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Chinese PC giant to buy Carmel software firm Stoneware

September 18, 2012
 IBJ Staff and Associated Press, Bloomberg News
Lenovo Group said the purchase of the 67-employee company would "enhance and expand" its cloud computing business.
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Tippecanoe Co. to put crime info at public's fingertips

September 16, 2012
Associated Press
Crime activity and information on people taken to jail or being released will soon be available to the public through a new app being developed for the Tippecanoe County sheriff's office.
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Eli Lilly aims to ramp up social media presenceRestricted Content

September 8, 2012
J.K. Wall
The drugmaker recently drafted social media guidelines it hopes can help it expand its use of social media to more of its employees—without running afoul of regulators.
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BrightPoint reaches settlement in shareholder suits

September 7, 2012
Scott Olson
Lawsuits 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.
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