Hotel app maker to shift HQ accommodations to Indianapolis
Dallas-based Yikes, which automatically handles most hotel transactions for consumers, is planning on ramping up operations and settling its main office in downtown Indianapolis.
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ExactTarget execs: Expect smooth transition
Outgoing CEO Scott Dorsey wants to spend time with his four daughters, focus on mentoring young entrepreneurs, and maybe travel a little for leisure. His successor, longtime executive Scott McCorkle, plans to keep the company focused on email, even as the firm adds a broader suite of digital marketing services.
Heads roll at GM after investigation of defective switch
The automaker says 15 employees—many of them senior legal and engineering executives—have been forced out of the company for failing to disclose the defect linked to 13 deaths.
Merger forms $382M, Indy-based motorcycle parts company
Indianapolis-based holding company LDI Ltd. has tripled its motorsports employee count and broadened its national reach with a deal for privately held Motorsport Aftermarket Group.
Head in the cloud: Interactive ramps up software offerings
Interactive Intelligence Group Inc. will plow further into cloud-based computing—now a big driver of sales—with a new set of call-center services unveiled Tuesday morning.
Subaru starts building new SUV model in Lafayette
Factory workers gathered Monday to celebrate the first day of production on the 2015 model, which is among three Subaru vehicles built at the 3,600-worker plant.
Longtime exec now in driver’s seat at marketer ExactTarget
Company observers praised the elevation of Scott McCorkle to CEO for his combination of tech smarts, people skills, and experience with international operations.
Auto parts maker adding jobs at Muncie factory
Magna Powertrain plans to spend more than $15 million on new equipment for a Muncie factory where it expects to add as many as 50 workers in the coming year.
ExactTarget CEO Dorsey leaving company
Scott Dorsey, who co-founded ExactTarget in 2000, will be succeeded by Scott McCorkle, who currently is the company's president of technology and strategy.
Surge in craft breweries strains hops supply
Hops, used as a flavoring agent, are in high demand by microbreweries that need the crop to give their pale ales and other varieties more taste than what’s found in traditional mass-market beers.
Government groups tap civic ‘hackers’ to address problems
A collection of tech firms and business organizations will host a “hackathon” on Saturday at The Speak Easy, a Broad Ripple co-working club for entrepreneurs.
Local 3D firm develops printer-based curriculum
To help promote interest in engineering, 3D Parts Manufacturing is working with schools to set kids loose on 3D printers. The plan also is developing into a business model.
UPDATE: Manufacturer plans $110M expansion, 329 jobs
Alcoa Howmet factory in LaPorte, which makes castings for the aerospace and industrial gas turbine industries, will receive local and state tax breaks in return for job commitments.
Isotope maker plans $40M project in Noblesville
Radiopharmaceuticals maker Zevacor Molecular plans to open a $40 million isotope-production facility in Noblesville, creating nearly 50 good-paying jobs within five years.
Interactive’s stock drop shows vagaries of Wall Street
The greater success Interactive Intelligence enjoys transitioning customers to the cloud, the greater the drag on short-term results.
Upstart chip-maker wins space on shelves of local groceries
Mark McSweeney launched Broad Ripple Potato Chip Co. last year out of his existing business, a franchise of Great Harvest Bread Co.
Automated systems provider expands downtown
Open Control Systems LLC is investing $1.6 million to renovate, equip and lease 14,000 square feet of space over two buildings at 905 N. Capitol Ave.
State courts to switch to e-filing system in 2015
Officials soon will seek competitive bids for a single statewide e-filing manager. Paper records likely will be phased out so clerks won’t be burdened with overseeing two filing methods.
Tech firm ChaCha slices 28 of its 44 employees
The Carmel-based question-and-answer service cut its 18-month-old social media division, Social Reactor, after a rate algorithm change at Google slashed the division’s revenue from advertising.
AT&T aims for TV’s future with $48.5B DirecTV deal
With 5.7 million U-verse TV customers and 20.3 million DirecTV customers in the U.S., the combined AT&T-DirecTV would become the second-largest pay TV operator behind a combined Comcast-Time Warner Cable.