The announcement came the same day Amazon reported that first-quarter profit more than doubled from a year ago, fueled by the growth of online shopping and the cloud-computing service it provides to businesses and government agencies.
The India-based technology company plans to hire 3,000 employees in Indianapolis by the end of 2023.
The ultimate project, to be developed in phases over the next several years, is expected to be a $245 million, 141-acre complex with 786,000 square feet of facilities.
Gov. Eric Holcomb and state economic development officials have been pushing Infosys in a series of meetings to make Indianapolis a major training campus for the thousands of employees it plans to hire across the country.
The Indianapolis Airport Authority reviewed some big proposals for the 125-acre site from industrial developers and others, but instead waited for a true economic development deal that could help transform the city’s west side.
Officials for digital consultancy Levementum said the capital recently secured from a group led by Chicago-based Inoca Capital Partners will be used in part to add about 40 employees at its Indianapolis office this year.
The Carmel native and Indianapolis-based tech entrepreneur filed paperwork with the Federal Election Commission declaring his candidacy earlier this month.
After two days of congressional testimony, what seemed clear was how little Congress seems to know about Facebook, much less what to do about it.
Since October, when the flashy former CEO of AOL drove his Rise of the Rest bus tour to Indianapolis, his company—Revolution—has invested in three local companies.
The second quarter is off to a fast start, a sign that this could be a strong year for raising capital in the state.
Under fire Tuesday for the worst privacy debacle in his company’s history, CEO Mark Zuckerberg apologized several times for Facebook failures and batted away often-aggressive questioning from lawmakers.
Officials for Upper Hand Inc. said the cash infusion will be used to develop technical and strategic partnerships and expand hiring efforts in customer support and product development.
Five 20-something-year-old entrepreneurs affiliated with Purdue University are pioneering technology involving rockets, satellites and hot air balloons that has gained far-reaching interest from an eclectic set of potential clients ranging from New Zealand sheep herders to oceanic pirate hunters.
Twenty-five years after developer Turner Woodard purchased the old Stutz factory complex at 10th Street and Capitol Avenue, the sprawling facility hosts 200-plus tenants.
The money will fund laptops, desktop computers, wireless high-speed internet and other tech-related needs for a new academy opening at George Washington High School next fall.
The visit occurred the week of March 19, the same week Amazon officials were reported to have visited Chicago for two days.
The Combine’s goal is to be “at the intersection of community, capital, creativity, culture and code,” said its leader.
Super Service Challenge, a national not-for-profit aimed at helping charities raise money and in-kind contributions, is launching a new e-platform designed by Indianapolis-based Sells Group meant to connect companies, volunteers and not-for-profits in a whole new way.
Six technology leaders and entrepreneurs took part in IBJ’s Technology Power Breakfast at the JW Marriott. Here’s some of what they had to say.
Since its takeoff three years ago, investor High Alpha has grown its stable of studio companies from three to nine.
