Tech firm plans to axe 54 workers in Carmel
Stamford, Conn.-based Frontier Communications Corp. said it has automated a number of systems at its collection center at 11799 N. College Ave. and will no longer need the workers.
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Fishers plans new development on train-station site
Incentive deals are on the table to keep two high-potential businesses in Fishers, and the town is poised to pull the trigger on redevelopment of the Fishers Train Station property—where one of the firms could occupy third-floor office space.
Entrepreneur not sold on flight times between Indy, San Francisco
The nonstop connection to Silicon Valley that Indianapolis’ tech community has been clamoring for is here, but a leading advocate for the service said it doesn’t meet his industry’s needs.
Gmail’s new ‘Promotions’ tab creates hurdle for email marketers
The change led to an immediate drop in email open rates, from about 13 percent to 12.5 percent, according to MailChimp, an Atlanta-based email marketer, which analyzed 1.5 billion emails it sent around the time Gmail changed.
AT&T Indiana president Fleetwood leaves company
George Fleetwood, the head of AT&T’s Indiana operations for more than 13 years, has quietly stepped down “to pursue other interests.”
Salesforce’s bet on ExactTarget starts to pay off
The $2.5 billion purchase of ExactTarget will add $140 million to $145 million in revenue this year for Salesforce.com, the firm said Thursday. Its shares soared 13 percent in Friday morning trading.
ExactTarget parent cutting 200 jobs worldwide due to merger
Salesforce.com confirmed Thursday that its recent buyout of Indy-based ExactTarget creates “synergy,” leading to layoffs. Effects on Indianapolis employment are to be “minimal.”
United plans direct flights between San Francisco, Indianapolis
The daily flights, which are expected to begin on Jan. 7, will fulfill a longtime wish of local tech firms eager for more direct access to the West Coast and Silicon Valley.
Tech group to trumpet city’s digital marketing niche
The tech community is rallying around an initiative to brand Indianapolis as the “marketing technology capital of the world,” trading on the success of such firms as ExactTarget and Angie’s List.
Indy IT firm planning to add up to 400 workers
Knowledge Services, founded by CEO Julie Bielawski in 1994, has been one of the city’s fastest-growing companies in recent years.
iGoDigital founder sues to fend off dispute over $21M sale
Eric Tobias’ filing in federal court is intended to head off a potential challenge from a key contractor who believes he is owed more from the company’s sale to ExactTarget in 2012.
PROXY CORNER: Interactive Intelligence Inc.
Interactive Intelligence Group Inc., 7601 Interactive Way, Indianapolis, 46278 (www.inin.com), develops communications and interactions-management software. In the quarter ended June 30, 2013, the company earned $1.2 million, or 6 cents per share, on revenue of $76.2 million. That compares with a net loss of $1.1 million, or 6 cents per share, on revenue of $54.8 […]
Interactive revamps sales strategy to widen client appetite
The Indianapolis software developer last quarter broke its sales teams into tiers—small, medium and large deals—because too many employees were going after big contracts, with their high commissions.
Interactive Intelligence earnings, revenue improve
Indianapolis software developer Interactive Intelligence Group Inc. earned $1.2 million in the second quarter as revenue increased 39 percent, to $76.2 million.
Battery maker EnerDel lays off 65 workers
Lacking production contracts, struggling battery maker EnerDel Inc. has once again downsized its Indianapolis-area work force.
Software firm finds beer business is a frothy market
Carmel-based Blue Horseshoe Solutions develops software that manages supplies, warehousing, deliveries, worker productivity and other logistical complexities connected with any number of goods-producing businesses, but about 25 percent of its business falls within the beverage category.
Tech showcase crowns unlikely winner in pitch contest
Emphymab Biotech, with a treatment for emphysema developed by a group of Indiana University medical professors, received the top prize at the Innovation Showcase on Thursday.
Salesforce.com wraps up $2.5B acquisition of ExactTarget
Cloud computing giant Salesforce.com paid $33.75 per share to acquire ExactTarget. The price was roughly 6.5 times ExactTarget’s projected revenue for 2013, analysts said.
Health tech startup aiming for fences
Flying under the radar for much of its existence, local health tech startup hc1.com Inc. now thinks it’s ready to soar. The company, spun out last year from Zionsville-based Bostech Corp., is on pace to generate annual revenue of $10 million by year’s end. And it thinks business could triple next year.
Salesforce entices ExactTarget execs with $20M in awards
Salesforce.com has extended job offers to ExactTarget Inc.'s top brass—and sweetened the pot by dangling awards of restricted stock topping $20 million.