Cummins enters joint venture to boost production of natural-gas-powered vehicles
The agreement between Cummins and Texas-based Rush Enterprises will help Cummins bring natural-gas-powered commercial vehicles to market.
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Longtime TechPoint CEO Langellier to step down in May
Mike Langellier has been the president and CEO at Indianapolis-based TechPoint for nine years. The organization will launch a national search for his replacement.
Fishers-based Vibenomics signs audio deal with grocery chain Hy-Vee
Vibenomics, which offers music, advertising and audio messaging for retailers nationwide, says its audio will be heard in the Iowa-based grocery chain’s stores beginning Feb. 15.
Indianapolis-based Chuqlab offers crime-fighting transcription tech
Founded in 2019, Chuqlab offers transcription technology for law enforcement agencies, prosecutors and operators of jails and prisons. The company recently received a state incentives offer based on its hiring plans.
Carmel-based GyanSys acquires Vancouver-based Salesforce partner
With the acquisition of British Columbia-based Groundswell Cloud Solutions, GyanSys now has more than 250 employees who work in the firm’s Salesforce practice.
Carmel-based DriverReach lands $7.5M in equity funding
DriverReach, founded in 2016, offers a platform that makes it easier for customers to hire commercial truck drivers. The company said it plans to use its additional funding on hiring and product research and development.
Hoosier technology sector shatters investment record
TechPoint, the state’s not-for-profit tech accelerator, said the state saw more than $958 million in venture capital investment last year, which is nearly triple the previous record set in 2019.
Indianapolis-based medical software developer acquired by California firm
Sunnyvale, California-based Gener8 LLC has acquired RND Group, a 25-year-old software development firm headquartered in Indianapolis, the companies announced.
Several accused in Indiana school fraud want suit dismissed
Several people and companies linked with two now-closed Indiana online charter schools have asked a judge to dismiss claims against them in a lawsuit alleging a fraud scheme that cost the state more than $150 million.
Q&A with Roger Shuman, promoting tech with swag-ger
If you’re active on LinkedIn, maybe you’ve seen TechPoint’s senior relationship manager, Roger Shuman, 52, wearing one of his many tech-company T-shirts.
Republic, Rolls-Royce sign on as investors in early-stage air mobility effort
Indianapolis-based Republic Airways, along with Rolls-Royce, are among numerous investors in Eve, an urban air mobility company that aims to develop an international network of electric vertical-lift aircraft.
Canada-based tech firm acquires marketing-tech firm Delivra
Delivra’s new owner, British Columbia-based Redbrick, said the company’s operations will remain in Indianapolis and all of its employees will retain their jobs.
AT&T, Verizon delay new 5G service after Buttigieg request
Monday’s announcement reversed the companies’ decision just a day earlier to reject any postponement in new 5G service.
CES gadget show stages wary return amid COVID-19
The latest sign of the influential technology event’s dwindling size was Friday’s announcement that CES will run one day shorter than originally planned.
AT&T, Verizon reject U.S. request to delay 5G wireless plans
Airlines had asked the Federal Communications Commission to delay this week’s scheduled 5G rollout, saying the service, set to launch Tuesday, could interfere with electronics that pilots rely on.
2021 Year in Review: Lessonly, KAR among tech dealmakers
Indiana’s tech sector hit a red-hot cycle of mergers and acquisitions, pushing the number of deals well past marks set in 2018, 2019 and 2020 by the end of 2021’s third quarter. Experts said the M&A activity spoke to how the state’s tech sector had matured, as well as the gobs of cash burning holes in investors’ pockets.
2021 Newsmaker: Eric Tobias, Scott Dorsey, Mike Fitzgerald, Kristian Andersen; High Alpha partners
The pandemic has not slowed Indianapolis-based venture studio High Alpha—and in fact, the move to remote work and increasing dependence on technology has probably sped up its activity.
2021 Year in Review: Tech firms, funds raise record amounts
Local tech companies have had huge success in attracting funding this year, led by Formstack which landed a $425 million growth investment in November—by far the largest single capital raise by an Indiana-based technology company in the state’s history.
The Freedom Forum podcast: Lamont Hatcher, founder of tech firm AIS
Hatcher talks to host Angela B. Freeman about the challenges of being an entrepreneur and how he’s had to push through his introverted nature to become a leader.
IEDC zooms to Vegas to promote state tech sector
The Indy Autonomous Challenge will be part of the splashy CES trade show Jan. 5-8 in Las Vegas, where Hoosier business leaders plan to use the racing event as a vehicle for promoting Indiana’s tech economy to a potentially worldwide audience.