Longtime CEO Gilbert stepping down from Carmel-based software firm
The CEO and co-founder of one of the Indianapolis area’s oldest and largest software firms announced plans Tuesday to retire early next year.
Tech Companies
Greenwood-based One Click Ventures acquired by eyewear heavyweight
Randy Stocklin, who founded the company with his wife, Angie Stocklin, will remain with the company.
Amazon HQ2 snub sets off alarm bells among tech leaders
You don’t have to read between the lines of Amazon’s recent HQ2 decision to determine that Indianapolis’ tech talent pool, while strengthening, is still far below the major-league level.
Tech leaders create association to lobby for industry interests at Statehouse
The new Indiana Technology and Innovation Association includes more than 90 technology companies ranging from startups to major players like Salesforce and AT&T.
Infosys kicks off huge construction project, brings in clients for show and tell
Local dignitaries and regional clients were expected to be on hand as India-based tech giant Infosys kicked-off construction of its $245 million educational campus. The first phase is scheduled to be done by the end of 2020.
IT company HighPoint Global to expand local operations
The Indianapolis-based firm, which focuses on tech services that help government agencies communicate more effectively with constituents, plans to add 60 employees.
AMAZON UPDATES: Indy officials pushed three sites for HQ2, showed off Mass Ave during visit
When visiting Indianapolis in March to gather intelligence on the city’s HQ2 bid, Amazon officials had two meals at hot restaurants on downtown’s northeast side and toured three potential sites for the $5 billion project.
Care-management software firm Tendly launches rebranding effort
A Carmel-based software firm that works with child-care and senior-care providers has tuned up its marketing strategy and is doing business under a new name after securing $1 million in growth capital earlier this year.
Amazon near deals with New York, Virginia for split HQ2, newspaper says
Amazon.com Inc. will separate its proposed second headquarters into two locations, and is close to deals with both sites, The New York Times reported Monday.
Amazon to choose two cities instead of one for HQ2 project, newspaper says
The online retail giant plans to divide the $5 billion HQ2 project between two locations, The Wall Street Journal said, citing a person familiar with the matter. The two cities will end up with about 25,000 workers each.
Local officials mum amid reports Amazon zeroing in on D.C. for HQ2
Amazon is approaching its end-of-year deadline for deciding where it will locate the $5 billion campus, and two national newspapers reported over the weekend that an area in northern Virginia is far along in negotiations.
Indianapolis event-software firm plans to hire more than 100 workers
Socio is just two years old but already has hundreds of clients across six continents, including Google, Microsoft, PepsiCo and Hyundai.
Apple’s quarterly results, change in iPhone sales disclosure jar investors
Apple's faithful customers aren't snapping up iPhones quite as enthusiastically as anticipated heading into the crucial holiday shopping season.
Surprising jump in PC demand gives Intel bullish outlook
The company, whose processors are at the heart of most of the world’s laptops, desktops and servers, has been raking in cash this year as companies spend on upgrading their hardware.
Scale Computing scores $34.8M round of funding, plans to add 100-plus employees
Scale Computing Inc. has landed one of the biggest rounds of financing in Indiana in recent years and is planning to more than double its workforce over the next two years.
Yahoo to pay $50M, other costs for massive security breach
The deal also provides two years of free credit-monitoring services to 200 million people whose email addresses and other personal information were stolen as part of the biggest security breach in history.
High Alpha portfolio company raises $3.5 million
Pattern89, formerly known as Quantifi, intends to use the latest round of funding to expand its marketing efforts, scale its platform, and grow its data science, sales, and marketing teams.
Airport board approves $21.4M land sale for Infosys campus
The airport will sell 132 acres to the city of Indianapolis in phases over the next several years. In turn, the city will sell the property to Infosys for pennies so it can create a $245 million training campus.
Perceivant’s digital course work finds following at 14 colleges
Leaders at locally based Perceivant hope to move to the head of the class with a platform they say offers a unique blend of customization and two-way communication between students and their instructors.
Microsoft co-founder, sports, media owner Paul Allen dies at 65
Fellow billionaire and Microsoft co-founder Bill Gates said “personal computing would not have existed without” Paul Allen, who died as the world’s 27th richest person, with a fortune of $26.1 billion.