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.
The Metropolitan Development Commission’s plat committee has given local developer Flaherty & Collins Properties the go-ahead to include two upper-level pedestrian connectors in its plan to build a five-story parking garage downtown. The garage is part of a larger, $85 million development.
Indianapolis-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.
Lippert Components Manufacturing Inc. and Kinro Manufacturing Inc., divisions of White Plains, N.Y.-based Drew Industries Inc., said they will bring the jobs to Elkhart and Goshen by 2015 as part of a $3.7 million expansion.
Carl C. Dalstrom says he will leave the student-loan guarantor on June 30, 2013. He has led the locally based not-for-profit since July 2000.
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.
The Indianapolis-based real estate investment trust attributed much of the $2.7 million loss to $1.8 million in interest and depreciation expenses on some of its properties. Revenue grew to $25.1 million.
Indianapolis-based Interactive Intelligence Group Inc. develops communications and interactions-management software.
Education reform in Indiana has come to a point where lawmakers need to find ways to attract more of the best and brightest into one of the most important of occupations, particularly as baby boomers retire.
At the Indianapolis Airport Authority’s summer auction, one could buy pretty much everything except the runways and terminal.
Indianapolis-based Baldwin & Lyons Inc. on Thursday reported a profitable second quarter, a year after a series of major natural catastrophes caused a big loss for the transportation industry insurer.
Michael Huber, the city’s deputy mayor for economic development since March 2010, is stepping down to take a lead role in commercial development at Indianapolis International Airport. He’ll be replaced by Bond Bank director Deron Kintner.
The maker of luxury soaps and other hotel toiletries has moved its headquarters from Indianapolis to a bigger facility in Plainfield, where it plans to add 40 employees within six months.
The Indianapolis-based company said Wednesday morning that profit soared to $65.7 million compared with a loss of $7.7 million in the second quarter of 2011.
The Indianapolis airline company earned $20 million in the second quarter after losing $14.9 million in the same quarter a year earlier.
Interactive Intelligence Group Inc. suffered a second quarter loss despite revenue growth of 5 percent, the company announced Tuesday afternoon.
Engine manufacturer Cummins Inc. on Tuesday reported lower profit and revenue in the second quarter, but the results exceeded Wall Street expectations.
The Indianapolis-based trucking firm on Monday said earnings rose 63 percent, to $9 million, in the fiscal fourth quarter. Quarterly revenue rose 4 percent, to $157.5 million.
