LifeOmic Inc., a fledgling Indianapolis-based tech company that provides cloud storage to medical users, is trying to make a rapid splash in the health care IT industry by offering what its says is an unprecedented marketing promise.
The gift is the largest to the IU School of Medicine by an alumnus. The medical school will use the money to establish the Brown Center for Immunotherapy to fight some of the world's toughest diseases.
Indianapolis-based tech entrepreneur Don Brown just ended his 22-year tenure with Interactive Intelligence Group, the company he sold for $1.4 billion only a week ago, but he’s already heavily involved in another venture.
The Indianapolis-based software firm fielded escalating offers over the years until a last-second reduction in bid price from buyer Genesys Telecommunications Laboratories Inc., according to a new public filing.
In the immediate wake of news Wednesday that Interactive Intelligence Group Inc. had agreed to be acquired for $1.4 billion, Indianapolis tech leaders bubbled with praise for CEO Don Brown and with enthusiasm for the possible impact on the city.
Interactive co-founder and CEO Don Brown said he will leave the company after the sale closes late this year. The all-cash purchase price represents a 36 percent premium to where the shares traded before word of the potential deal leaked this summer.