Hurco suffers loss as sales plummet
The Indianapolis-based manufacturer’s quarterly revenue fell to $20.6 million, a 27-percent drop from the same period the
year before.
Technology
Articles
Health care software firm raises $1.15 million
Indianapolis-based PolicyStat LLC raised $1.15 million in angel capital from 31 individuals and Halo Capital Group.
Evansville firm enters local cloud-computing fray
nGenX Corp. is opening an Indianapolis office to tap into increased demand for outsourced data centers.
Fishers video software developer adding 49 jobs
Fishers-based Exacq Technologies Inc. will invest $1.1 million to expand its Exit Five Parkway headquarters, creating as many
as 49 new jobs by 2013.
Scale Computing lands $9M from Silicon Valley venture firm
Data-storage upstart Scale Computing on Monday announced a $9 million investment from Silicon Valley venture firm Benchmark
Capital. The infusion will help kick-start a global sales expansion focused on Japan and Europe, said Scale CEO Jeff
Ready.
Rapid growth makes Aprimo candidate for another try at IPO
Robust growth at marketing software maker Aprimo is fueling speculation it is about to make another run at going public, and
co-founder Bill Godfrey said he won’t rule out the possibility of an IPO.
ExactTarget acquires Twitter support company
ExactTarget will use San Francisco-based CoTweet, which helps companies manage multiple Twitter accounts, for social-media
product development.
Local racing-simulator firm declares bankruptcy
Indianapolis-based Interactive Motorsports and Entertainment Corp., which went public in 2002, has filed for Chapter 11 reorganization.
Tag readers come to real estate
Soon, you’ll be able to point your smart phone at a code in an advertisement or yard sign, and take a virtual tour of
a house.
ALTOM: U.S. slow to get on broadband bandwagon
The country’s old, tired cabling was never designed for such high-transmission speeds.
Moongate Technologies acquired by Michigan firm
Local computer consultant will become part of Dewpoint Inc., upon completion of the acquisition, and will move to Dewpoint’s Carmel
office,
which already has about a dozen employees.
Ballard’s high-risk IT project could save millions – or flop
Indianapolis Mayor Greg Ballard has decided to overhaul the city’s and county’s 1970s-era financial IT systems—a move
that could cement
his reputation for improving government efficiency. But the upgrade also is fraught with risk.
Carmel software consultant acquires Ohio firm
Carmel-based Blue Horseshoe has purchased TransTech Consulting Inc., a management consulting firm in Columbus, Ohio.
ALTOM: How the Amish make technology work for them
BusinessWeek (www.businessweek.com) has a recent story about a growing $1.8 million enterprise that’s doing
just fine without the Internet, Web site, texting, customer-resource-management software, a fax machine or a single computer.
In fact, the company doesn’t even have electricity.
ExactTarget reports record annual results
Locally based e-mail marketing firm opens London office, adds big-name clients and secures $145 million in venture capital.
Connersville eager for Carbon Motors to rev up
The jobs can’t come soon enough for Connersville, where unemployment is at 13.8 percent.
Shelbyville tech park keeps tax incentives
State officials are giving Shelbyville’s struggling Intelliplex business park another chance to use tax incentives to land
new companies
and high-paying jobs.
Underrated entrepreneurs
The Indianapolis area is home to myriad unsung entrepreneurs who run interesting companies, make money and create good jobs.
Here are some of them.
Scale Computing succeeds quickly after co-founder moves it to Indiana
Not even a year has passed since Scale Computing launched its first product, yet CEO Jeff Ready forecasts 2010 revenue
with the confidence of a meteorologist giving the three-day outlook.
Demand for smart-phone applications spawns opportunities
Smart-phone fever is heating up the climate for innovation in the local tech community, as firms new and old try to cash
in on the demand for applications that can be used on the iPhone, BlackBerry and other gadgets from the likes of Palm and
Google.