ExactTarget enters European market through acquisition
Indianapolis-based ExactTarget announced this morning that it has launched a new international division in London following
its acquisition of Keymail Marketing.
Tech Companies
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IT consultant’s expansion plans include 130 new jobs
Indianapolis-based information technology consultant Apparatus Inc. plans to expand its local operations and create up to
130 jobs by 2012, the company announced this morning.
Ex-Homeland Security chief Ridge named to Brightpoint board
Indianapolis-based wireless phone distributor Brightpoint Inc. has appointed Tom Ridge, the first secretary of the U.S. Department
of Homeland Security, to its board of directors, the company announced this morning.
For Zotec CEO, health care reform cuts both ways
In the eyes of Scott Law, Congress is heading in exactly the wrong direction on health care reform.
But the
CEO of Zotec Partners predicts a big bump in sales for his physician-billing management company if current reform proposals
become law.
Brightpoint prices offering of 15 million shares
Wireless device distributor Brightpoint Inc. said today it has priced 15 million shares of a previously announced stock offering
at $5 each.
IQuest buys British firm, expanding local operations
IQuest Internet LLC, the largest Indiana-based Internet service provider, is going global, having bought a British company
that monitors and manages data, voice and video networks.
Battle plan for 11-year-old, veteran-owned company includes adding 100 workers, second Lawrence office
A company founded by military veterans that performs database administration for clients ranging from Fortune 500 companies to the U.S. Department of Defense is adding a second office in Lawrence and plans to hire about 100 more people over the next two years, doubling its staff.
TechPoint to make awards to IT
The state’s technology initiative, TechPoint, is adding two categories to its annual Mira awards: health care IT and corporate
IT.
Voice-mail firm’s latest product helps clients collect overdue debts
A growing number of companies strapped for cash and struggling to pay their bills on time is presenting an unusual opportunity
for Vontoo Inc., a local IT firm.
IT firm rakes in VC cash: Interactions Corp. has raised $35M since 2002 inception
A fast-growing Carmel startup is using a blend of innovative software and human guides to answer questions over the phone.
The company could have located on either coast, but instead chose Carmel’s Clay Terrace. And the company, Interactions Corp.,
has raised more than twice as much money as ChaCha Search Inc., a higher-profile startup in a similar business that’s also
housed in Clay Terrace.
Interactive Intelligence looking past stock slump
Interactive Intelligence Inc. is enduring a serious stock slump. Its battered shares are trading around $10, about $20
off their 52-week peak. Yet CEO Don Brown remains so bullish on the software maker that he’s authorized a $10 million stock
buyback.
Brightpoint moving HQ back to Indianapolis from Plainfield
Wireless-device distributor Brightpoint Inc. is moving its headquarters from Plainfield to northwest Indianapolis, near
where it was founded almost 20 years ago. The company, which has about 65 headquarters employees and about
1,000 workers in Indiana, plans to share a new building with software developer Interactive Intelligence
Inc. and engineering firm Woolpert Inc. along Interstate 465 north of West 71st Street.
Powerway lays off 14 after losing software deal with Chrysler
Locally based Powerway Inc. is scrambling to shrink its work force and remake its business plan after the firm’s most lucrative
customer–the ailing automaker Chrysler LLC–said it will no longer use Powerway software or mandate its use among the company’s
hundreds of suppliers. Powerway laid off 14 employees and slashed salaries for many who remain after it learned of Chrysler’s
plans on June 6.
ExactTarget accurately predicts its fast growth
ExactTarget Inc.’s 2005 announcement that it would be moving into 30,000 square feet on Monument Circle and hiring 100 people over seven years seemed ambitious. Indianapolis was littered with the ashes of once-high-flying technology startups that had flamed out. But ExactTarget is fast becoming one of the city’s biggest technology success stories.
Ex-Brightpoint officer points to higher-ups
John Delaney, a second-tier Brightpoint Inc. executive convicted of securities fraud last year, charges in a newly public
letter that upper management was in on the scheme. The 2004 letter implicates former Chief Financial Officer Phil Bounsall,
now executive vice president of locally based Walker Information.
Local software maker teams with Microsoft
Autobase Inc. has inked a partnership with tech heavyweight Microsoft Corp. that might fuel growth for the Indianapolis-based
marketing-software maker. The deal will allow Autobase to piggyback its software on Microsoft’s as the Seattle company launches
products aimed at auto dealers.
Tech firm Powerway seeking rebound
Powerway Inc., the Indianapolis-based maker of manufacturing quality-control software that grew like gangbusters in the 1990s
and aimed for an initial public offering, has endured a dog of a half-decade. But that soon could change. Powerway just hired
an IT industry turnaround expert as CEO.
Massachusetts-based software maker plots initial public offering
A disaster-recovery-software maker with major operations in Indianapolis is planning an initial public offering that could accelerate the company’s growth.
Jones’ ChaCha IT firm to have human touch
For the last eight months, Indiana’s resident high-tech guru has been quietly developing a new IT firm. Few details have been leaked to the public. But in September, a national media blitz will announce the launch of ChaCha Search Inc., Jones’ new human-assisted Internet search engine.