Indy-based T2 Systems selling to private equity firm
Mike Simmons, one of the parking software company’s co-founders, said Thursday he will step down from his position as CEO following the closing of the deal.
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Report: Salesforce among firms in acquisition talks with Twitter
Speculation that Twitter is ripe for a sale has been swirling for months as the company has failed to lure new users.
Merger dance between Interactive Intelligence, suitor started in 2012
The Indianapolis-based software firm fielded escalating offers over the years until a last-second reduction in bid price from buyer Genesys Telecommunications Laboratories Inc., according to a new public filing.
Comcast plans to launch wireless service next year
The move could potentially offer real competition to carriers like Verizon and AT&T for a subset of the country. Comcast has just over 28 million customers.
Interactive’s windfall big—but won’t create wealth ExactTarget sale did
Tech observers said they view Interactive’s sale as a net positive for the city, mostly because exit events spur some employees to invest their money and talent in new places.
Indy cracks nation’s top 10 for tech-firm office deals
Firms signed lease deals for nearly 1 million square feet of office space between mid-2015 and mid-2016 in Indy’s metro area, led by a mammoth deal for Salesforce.com, according to a national study.
High Alpha funding firms far and wide with $21M war chest
The Indianapolis-based venture studio and its investment arm have been looking beyond Indianapolis, making investments in out-of-town companies and forging a national reputation.
Octiv strikes harmony with new investor, lands $4.75M
The sales software firm formerly known as TinderBox raised nearly $5 million in a funding round led by GE Ventures, the venture capital arm of General Electric.
Can Apple make listening easy without a headphone jack?
The iPhone has traditionally shipped with a pair of Apple’s iconic earbuds. But tech analysts and industry bloggers say it looks like the tech giant has decided to do away with the analog headphone jack in the next iPhone, which it will unveil on Wednesday.
After $1.4B deal, Don Brown eager for next adventure
Brown talks to IBJ about what he’s planning to do after his company, Interactive Intelligence, is sold.
Zooom lets high schools, colleges train refs like pros
The Zionsville-based company has created a platform that lets schools upload video that can be used to train and critique officiating.
Tech leaders heap praise on city’s latest billion-dollar exit
In the immediate wake of news Wednesday that Interactive Intelligence Group Inc. had agreed to be acquired for $1.4 billion, Indianapolis tech leaders bubbled with praise for CEO Don Brown and with enthusiasm for the possible impact on the city.
Competitor snaps up Interactive Intelligence in $1.4B deal
Interactive co-founder and CEO Don Brown said he will leave the company after the sale closes late this year. The all-cash purchase price represents a 36 percent premium to where the shares traded before word of the potential deal leaked this summer.
Geofeedia cuts Indy marketing operations in reorganization, loses local leader
The Chicago-based tech firm, which planned to hire hundreds in Indianapolis and considered moving its headquarters here, has streamlined local operations. Meanwhile, top local exec R.J. Talyor has parted ways with the company.
File-management software firm grabs $1.1 million in first VC haul
SmartFile Inc. secured the investment from Vision Tech Angels and Elevate Ventures. It plans to use a majority of the cash on sales and marketing.
Interactive Intelligence in merger talks with Genesys, sources say
California-based Genesys Telecommunications Laboratories Inc. is in early talks to acquire Indianapolis-based competitor Interactive Intelligence Group Inc., people with knowledge of the matter said.
Software firms transition from methodical to ‘agile’
Agrowing number of central Indiana tech firms use a software-development process called agile, which is characterized by quick production cycles, flexibility and simultaneous feedback.
Interactive files federal patent suit against competitor
Indianapolis-based Interactive Intelligence Inc. has filed a federal patent lawsuit against Avaya Inc., a competitor with which Interactive Intelligence also had a long-standing patent license agreement.
Brown avoids sale talk as Interactive tops estimates
With shares riding a two-year high and quarterly earnings beating estimates, Interactive Intelligence CEO Don Brown joshed around with analysts a bit Monday about acquisition rumors.
Interactive Intelligence shares soar after Reuters report
Shares in Interactive Intelligence Group Inc. jumped nearly 20 percent Friday after Reuters reported that the Indianapolis-based software firm was exploring “strategic alternatives,” including a potential sale.