Construction set to start on Purdue tech center in Anderson
Plans call for the construction of a 94,000-square-foot facility on 12 acres, with completion expected in late 2016.
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Carmel software maker Baker Hill acquired for $100M
Baker Hill, a Carmel-based software division of corporate giant Experian PLC, is being sold for $100 million to The Riverside Co., a private equity firm based in New York City.
California-based Experian acquires Carmel-based Baker Hill
The banking software-maker has been purchased in a deal that was five months in the making.
Upbeat Baggott boosts funding, tweaks ClusterTruck for rollout
The ExactTarget co-founder is wrapping up a $2 million seed-funding round and adjusting his new startup’s business model in anticipation of a December launch.
IU researchers get grant to study growing ‘makers movement’
IU associate professors of informatics and computing Shaowen Bardzell and Jeffrey Bardzell say these "makers" aren't just dabbling in a hobby, but are part of a big and growing business sector.
SmarterHQ gobbles up venture funds
SmarterHQ, an Indianapolis software firm, is quietly becoming one of the area’s top destinations for venture capital, fueled by surging sales for its personalized marketing software.
Indiana State launches drone major as demand for expertise grows quickly
Indiana State University was among the first universities in the country to offer a minor in unmanned systems, and even launched a drone research center. Now, as federal regulators loosen drone restrictions, the school is adding an unmanned-systems major.
Indiana auto parts plant with 750 workers set to close
The plant in Winchester, east of Muncie, has been the North America branch for Japanese manufacturer Marujun since 1999. The closing process will begin next month and finish late next year.
Vera Bradley shares soar after it boosts outlook
The Indiana-based seller of handbags surprised Wall Street with better-than-expected financial results for its fiscal second-quarter and boosted its earnings outlook for the year.
Software startup Tenant Tracker hires first leader
Local technology and real estate veteran Keith Kleinmaier will lead the firm as it attempts to become a leader in the business of tracking retail tenant activity.
UPDATE: Tech firm moving HQ from San Francisco to Indy
Technology consulting firm Appirio Inc. plans to move its corporate headquarters from San Francisco to Indianapolis and boost its local employment by more than 425 workers over the next five years, the company announced Friday.
Auto parts maker plans factory, 400 jobs in Anderson
NTN Driveshaft Inc. plans to spend about $140 million on building and equipping the factory where it will make velocity joints for the automotive industry.
Remy buyer played hardball leading up to $950M deal
Pendleton-based auto-parts maker Remy International Inc. did squeeze some extra cash out of its acquirer, Auburn Hills, Michigan-based BorgWarner Inc.—but not a lot.
Downtown Cummins building to be 9 stories instead of 10
The city’s Regional Center Hearing Examiner approved the reduction Thursday. Cummins officials said the change will make the layout of the building more efficient.
Carmel-based Heartland acquires Splenda, plans expansion
Heartland Food Products Group announced Tuesday that it plans to acquire low-calorie sweetener brand Splenda, creating the need for a major expansion at its Indianapolis-area operations.
Hedge fund ups Angie’s List holdings again, seeks board seats
Now with a 9-percent stake, New York-based TCS Capital Management says it’s after multiple board seats and plans to continue discussing options to maximize the firm’s value, including a sale.
Toyota plans $16M expansion of Indiana forklift factory
Toyota has about 1,100 workers in the manufacturing facility, along with about 175 people working in sales, marketing and distribution.
Green BEAN Delivery’s vertical integration fueling growth
The company, which recently opened a $3.8 million warehouse/headquarters near the Interstate 70/Emerson Avenue exchange, has about 200 employees now but might have 500 within a few years.
Tech firms chase talent with sharp creative, communication skills
Firms also clamoring for product specialists—the rare people who have both the communication skills to discover what customers want and enough technical know-how to bring it to life.
Suburbs topping Indy in chase for high-end jobs
Marion County has struggled since the end of the Great Recession in attracting the most valuable jobs and workers.