Allegion, Heritage among corporations leaping into venture investing
A wave of corporations in central Indiana is creating venture capital arms, pushed partly by the desire to join the technological movement.
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University researchers make discoveries count as entrepreneurs
A few influential “serial entrepreneurs” in Indiana universities feel an itch to turn their discoveries into products and companies, over and over again.
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.
Microsoft, AgriNovus Indiana put agtech center stage at FFA convention
The highly interactive and sophisticated Blue Room at this year’s National FFA Convention & Expo knocked the socks off thousands of students at the Indiana Convention Center. The initiative to highlight the advances in agricultural technology will continue year-round online.
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.
Insurer Anthem agrees to pay record $16M for massive data breach
The nation’s second-largest health insurer has agreed to pay the government a record amount to settle potential privacy violations in the biggest known health care hack in U.S. history, officials said Monday.
High Alpha venture studio launches worker-safety software firm
Indianapolis-based venture studio High Alpha on Tuesday announced the start of a new cloud-based software firm that plans to market business-safety applications to reduce and prevent injuries for maintenance workers.
Deal with national pharmacy spurs tech company’s growth
An Indianapolis-based company has signed a deal with national mail-order pharmacy GoGoMeds that officials project will help double its local workforce—to about 250—within five years.
Software firm Perq raises $5 million from tech heavyweights
The company’s founders used millions of dollars in capital from their original company—which offered print and direct-mail services—to launch a software division.
Amazon warehouse workers lose bonuses, stock awards as they get raises
The online retailer upped its minimum wage to $15 and raised other warehouse wages by $1 per hour, but employees learned Wednesday that there’s a tradeoff.
As Sirius XM CEO, Indy exec reshaping in-car entertainment
The company is spending millions of dollars to broaden its foothold as internet connectivity becomes the norm in vehicles, opening up a wealth of opportunities for enhanced entertainment, marketing and data services.
Fishers technology services company acquires Carmel-based competitor
Technology companies Ultimate Automation and Electronic Evolutions have merged to form Ultimate Technologies Group, which will be headquartered in the Fishers Nickel Plate District.
With 5G, providers think wireless can challenge cable for home internet service
Verizon’s 5G Home service, which provides an alternative to cable for connecting laptops, phones, TVs and other devices over Wi-Fi, launches Monday in four U.S. cities, including Indianapolis.
Conexus Indiana hires two execs to lead tech, workforce initiatives
One executive is expected to help Indiana companies continue their transition into next-generation digital technologies. The other will develop and direct programs that help secondary and post-secondary students, as well as adult workers.
IBJ Podcast: How an IU student turned her beekeeping hobby into a star startup
Ellie Symes, CEO of The Bee Corp., talks with host Mason King about being a young entrepreneur, taking risks and pivoting when you have to to make your company stronger.