Interactive Intelligence posts lower profit on higher revenue
Interactive Intelligence Group Inc. reported a 67-percent drop in profit on higher revenue as orders grew significantly in the third quarter.
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HHGregg adds furniture, exercise gear as TV sales fall
HHGregg Inc. is looking for ways to boost sales at its 224 stores in coming months as the homegrown company fights to offset a huge drop in TV sales. The retailer reported a big decline in quarterly revenue Friday, but its shares soared nearly 19 percent.
Speech recognition technology firm gets cash infusion
Waveform Communications LLC got its second round of funding for research and development.
Production of Inc. 500 firms ranks city sixth nationally
The Indianapolis area produced more Inc. 500 companies per person from 2001 to 2010 than all but five other U.S. metro areas with more than 1 million residents, according to a recent study by the Kansas City-based Kauffman Foundation.
ExactTarget eyed as attractive takeover target
Indianapolis-based ExactTarget Inc., the fast-growing e-mail marketer that went public in March, is likely being looked at as a possible takeover target by software giants including Microsoft, Oracle and SAP, according to industry experts.
Rapid rise of ExactTarget uplifting for young techies
In just over a decade, the interactive marketer has rocketed from bootstrapped startup to New York Stock Exchange-listed company with a market value of $1.5 billion.
Scale Computing lands $12 million in VC funding
Scale Computing, a maker of data-storage devices that recently launched a “datacenter in a box,” has landed another $12 million in venture funding.
VIDEO: 12 startup pitches distilled to 3 minutes
Boiling down the dozen pitches from budding entrepreneurs at Thursday's Startup Bowl reveals vital themes: the mammoth influence of mobile, an intense craving for consumer data, and the relentless pursuit of revenue.
Digital marketing firm starts landing big clients
Former Google manager returns to roots to launch FoundSM.
DANZ: Indianapolis tech community should build momentum
More money, mentoring would add fuel to lively industry.
Indianapolis tech firms, hospitals discover mutual need
An initiative is matching tech entrepreneurs with hospital officials in the hope of solving health care problems.
Ingram Micro completes acquisition of BrightPoint
Ingram Micro Inc. said Monday that it has completed its roughly $840 million acquisition of Indianapolis-based mobile-device logistics provider BrightPoint Inc.
ExactTarget aims to be one-stop shop with acquisitions
Indianapolis-based ExactTarget Inc., which grew up as an e-mail blasting company focused on consumers, is trying to entrench itself as a one-stop shop for smartly interacting with all manner of customers.
ExactTarget buys interactive marketing firms for $116M
The newly public tech company said it paid $95.5 million for Atlanta-based Pardot LLC and $21 million for Indianapolis-based iGoDigital.
IU’s tech chief using university’s clout to save millions on software
Universities are the hubs of the world’s knowledge economy, but they typically aren’t the smartest business operators in the world. Brad Wheeler, chief information officer at Indiana University in Bloomington, is working to change that.
City robotics center aims to spark interest in STEM careers
TechPoint Foundation for Youth is seeking a site and support for a new program intended to get students interested in careers involving science, technology, engineering and math.
Members sue consumer ratings site Angie’s List over fees
A federal lawsuit seeking class-action status alleges that Angie’s List automatically renews members' subscriptions at a higher rate than they’re led to believe, under what it calls a “systematic and repeated breach of its membership agreement.”
T2 Systems might tap cash hoard for acquisitions
Fast-growing T2 Systems has been biding its time since scoring a $28 million equity infusion a year ago, but the maker of parking management software could soon be towing competitors out of its space.
Local software developer plans to add 25 jobs
Connect Think LLC said it will add the jobs by 2016 and will invest $244,000 in equipment to continue its focus on mobile application development.
Locally based Synovia merging to create new company
Synovia and Everyday Solutions Inc. in Massachusetts are combining to form Synovia Solutions, which will be based in Indianapolis. Both companies provide GPS-driven products to help manage school transportation services.