Broadband provider sends troubling financial signals
Omnicity Corp. is a half-year behind in payments to a Muncie lender and faces several lawsuits over unpaid bills from companies it acquired.
Tech Companies
Articles
UPDATE: Aprimo will stay put after $525M acquisition
Marketing software company Aprimo Inc. will stay in Indianapolis after being sold for $525 million to Dayton, Ohio-based based data storage giant Teradata Corp., Aprimo CEO Bill Godfrey said Wednesday.
Software firm Aprimo to be sold for $525M
Indianapolis-based marketing software maker Aprimo Inc. will be sold to an Ohio data-storage company for $525 million, Teradata Corp. said Wednesday. Aprimo, led by co-founder Bill Godfrey, pulled plans to go public two years ago.
Anderson loses out on Bright Automotive tech center
Upstart hybrid vehicle maker plans to locate tech center in Rochester Hills, Mich. About 200 jobs and an $11 million investment were at stake.
Brightpoint takes over s2f after big growth plans fizzle
Minority-owned logistics firm s2f Worldwide, started a year ago with high-profile investors and tax incentives in tow, has been acquired by Brightpoint Inc. The deal closed about three weeks ago, said former s2f CEO Randall Lewis.
Scale Computing scores $17M in venture capital
The latest round of funding brings the total raised by the local data-storage upstart to $31 million and follows a $9 million investment it received in March.
Central Indiana software firm faces engineer crunch
A software company based in central Indiana is going on a 10-city recruiting tour in search of applicants to fill 150 engineering jobs by next spring.
ChaCha approaches web-traffic milestone
Traffic to the site hit a record high of 18.5 million unique visitors in October, making it the fastest-growing in Quantcast’s top 100 websites.
Brightpoint shares rise after results top expectations
The wireless-device distributor reported revenue of $889 million in the third quarter, an increase of 3 percent compared to the same quarter of 2009.
Profit, revenue increase for Interactive Intelligence
The business-communications software firm had profit of $3.5 million in the quarter ended Sept. 30, up from $2.8 million in the same period of 2009. Quarterly revenue leaped to $41.8 million, an increase of 26 percent.
Tech firm to hire about 125 in Carmel
Interactions Corp., a technology firm based in Boston, plans to hire about 125 workers at its technology center in Carmel over the next few months, the company announced Thursday morning.
UPDATE: New product, services drive ExactTarget growth plans
A new product roll-out and increasing demand for client services will drive ExactTarget's growth over the next five years, CEO Scott Dorsey said Tuesday after his firm announced that it would invest $45M and add 500 employees through 2015.
Rushville broadband firm sued by companies it acquired
Omnicity Corp. is named in three lawsuits brought by owners of companies the firm bought who say they’ve not been paid the entire purchase price. All told, they claim they’re owed more than $1.2 million.
Entrepreneurs give sales pitches high-tech twist
The site allows users to create and save sales proposals online. Those sending the proposals then can track who is viewing the documents, which parts they’re examining and for how long.
Prosolia Inc. restructures top management
The company, which develops mass spectrometry devices used in the life sciences and industrial chemistry, has a new CEO, among other changes.
Creating smart-phone apps becomes big business for IUPUI students
Used to be a college student would work in the dining hall to make ends meet. For IUPUI students Gagan Dhillon, 18, and Sarb “S.J.” Singh, 21, the future is now.
Interactive Intelligence buys Jacksonville software maker
Interactive Intelligence Inc. has bolstered its product line of business software applications by acquiring Latitude Software for $14 million.
Four-year-old BlueLock makes first change in top executive ranks
The so-called cloud computing and managed IT services firm is part of Collina Ventures, a holding company created by local tech entrepreneurs Karen and Mark Hill.
My Health Care Manager wins $1.25M to improve software
The Indianapolis-based firm that helps seniors and their care givers navigate the health care system won a nearly $1.2 million grant from the National Institutes of Health.
Local firm lands $50 million Coast Guard account
Indianapolis-based technology firm Communications Products Inc. scores its second big government contract in nine months.