Indianapolis-based Productive Resources LLC, a privately held technical engineering firm, has been acquired for $12 million by Waltham, Mass.-based Lionbridge Technologies Inc., the companies announced Monday.
Red Herring magazine’s annual list of top tech startups previously included the likes of Facebook, Google and Yahoo.
Accounting, church jobs lead to software firm that helps tax accountants manage property tax disputes.
BlackBerry maker Research In Motion Ltd., which said it wouldn’t turn a profit this quarter, accounts for about 10 percent of BrightPoint’s distribution business.
Facebook sold 421million shares to raise $16 billion, giving the company a $104 billion market value. After the debut, underwriters bought the stock to keep it from falling below the IPO price.
The Indianapolis-based digital textbook company Courseload completed a new round of fundraising in April that its CEO says gives the company the cash it needs to keep landing new university customers in what has become a fast-growing but hyper-competitive field.
Officials consider expanding facility that got off to a slow start but began filling up last fall.
Aprimo founder joins other notables as TechPoint Trailblazer.
Indianapolis-based Blue Pillar Inc., which makes software to manage electrical grids, has closed on $7 million in funding from four venture capital firms, it said Monday.
BrightPoint Inc. stock fell as much as 12 percent early Friday morning following disappointing first-quarter earnings that prompted the company to lower its 2012 financial forecast.
The growing popularity of cloud computing is sending sales skyward for Bluelock, a 6-year-old firm that is turning a profit and garnering national attention.
The Indianapolis-based company reported a first-quarter loss of nearly $13.5 million on revenue of $31.1 million. Paid memberships topped 1.2 million, an 81-percent increase from the same period a year earlier.
Shares of Interactive Intelligence fell as much 10 percent in early trading Thursday after the Indianapolis-based software maker reported lower earnings.
IT professor Ali Jafari, who netted Indiana University $23 million on its $130,000 investment in his Angel Learning when it sold three years ago, recently launched CourseNetworking, which allows learners across the globe to connect and chat around shared interests and class subjects.
High-tech firms have been clamoring for a couple of decades for nonstop flights between Indianapolis International Airport and California’s Silicon Valley. One of Indiana’s tech icons made it clear recently that the need is as urgent as ever.
Two startup firms, Cause.It LLC and Trensy LLC, have created tools that link charitable behavior and consumption. Like the hit app Foursquare, the newcomers encourage users to “check in” when they show up at events or complete activities so they can earn rewards offered by local businesses.
Indianapolis-based ExactTarget Inc., the e-mail marketing company that counts Microsoft Corp. and Groupon Inc. as customers, gained more than 30 percent in its trading debut Thursday.
Indianapolis-based e-mail marketing company ExactTarget priced shares in its initial public offering above the expected range on Wednesday.
Lawsuit alleges two of six partners in Qtego seized control and locked them out of the northwest-side firm, which developments telecommunications technology.
Indianapolis-based ExactTarget Inc., which announced an initial public offering in November, said it is seeking to raise as much as $145 million. The company is offering 8.5 million shares for $15 to $17 apiece, according to a regulatory filing made Wednesday.
