Techies aim to make money from memories
Two DePauw University graduates are launching a website they hope will preserve the world’s memories, through a virtual bank of shared experiences.
Technology
Articles
Stout’s Shoes expects website to become its largest ‘store’
After years of failed attempts to create a viable Web presence, Stout’s Shoes has finally plunged into cyberspace using the route experts say many small companies follow: giving the job to a young, tech-savvy family member with an aptitude for social media.
Interactive Intelligence earnings slip, revenue rises
Indianapolis-based software maker Interactive Intelligence Group Inc. saw profit slip in the fourth quarter despite a rise in revenue.
Purdue’s tech transfer office ranks No. 6 nationally
Purdue tied with Johns Hopkins and ahead of Cal Tech, Carnegie Mellon University and the University of Michigan.
Mira Awards adds category to recognize IT services firms
Nominations for the awards program, which is a program of TechPoint, are due Feb. 21.
ExactTarget’s IPO plan could draw out suitors
Firms pursuing IPOs simultaneously investigate the possibility of a sale as a matter of course, in part because doing so helps investment bankers assess how they should price shares if they pull the trigger on an offering.
Social media to play big role in Super Bowl
A social media command center will monitor the digital fan conversation via Facebook, Twitter and other platforms, and respond to visitors who need assistance.
Bill aims to lift upside for 21st Century fund
Republican State Sen. Brent Waltz has filed a bill that would require the Indiana Economic Development Corp. and businesses seeking awards from the 21st Century fund to match the state’s money with outside capital at a four-to-one ratio.
Indianapolis-area mergers and acquisitions in 2011
A number of acquisitions last year disclosed no sale price. In the Indianapolis area, those deals ranged from MacAllister Machinery’s purchase of a Caterpillar dealership in Michigan to Herff Jones’ acquisition of a Memphis, Tenn.-headquartered maker of cheerleading uniforms.
Indiana deals ranged upward of $800 million
Mergers and acquisitions in 2011 ranged from WellPoint’s acquisition of CareMore to a trucking company merger.
Angie’s List sues rival, accuses it of stealing data
The Indianapolis-based ratings service alleges that principals of Click and Improve Inc. secretly joined Angie’s List then illegally harvested more than 24,000 proprietary files.
Indiana county leaders worried over 911 funding
County officials across Indiana scrambling to find money to pay for 911 emergency services say they aren't confident of getting help from state legislators, who might be leery of boosting cellphone fees during an election year.
Software executive teaching intercontinental collaboration
Weary of having to teach new hires how to work on teams with people halfway around the globe,
ocal software development firm CEO Chris Riester has begun teaching a college class that gives students international experience at home.
IT upgrade for state dogged by delays
The state missed a Dec. 15 deadline to complete a complicated technology overhaul of its unemployment insurance system—the latest in a series of delays that have added years to the project and led to more than $18 million in cost overruns.
New venue will give startup crowd a place to socialize, share ideas
A group of angel investors, entrepreneurs and high-tech aficionados on Jan. 18 will launch the Speak Easy, a 5,750-square-foot space on the southern edge of Broad Ripple that will serve as a gathering place for those active in the startup community.
State supreme court upholds Indiana robocall law
The Indiana Supreme Court has upheld a state law restricting automated robocalls. In a 4-1 decision Thursday, the court held the state law that requires a live operator on the phone before a recorded message doesn't violate the right to free speech.
Battle between phone rivals spills into the courtroom
Brightpoint sues Miami rival Brightstar twice in one week over its hiring of two former executives of the local wireless-phone distributor.
Brightpoint suing former exec in trade secret dispute
The Indianapolis-based wireless distributor accuses Mitch Black, who left Brightpoint last year, of taking company trade secrets to a new job with a direct competitor. Brightstar Corp. also is named in the lawsuit.
Area firms pledge 365 jobs
Two Central Indiana firms will receive tax incentives for growing their operations by a combined 365 workers by 2015, Indiana economic development officials announced Wednesday.
Valuing ExactTarget a hit-or-miss exercise
Appraisals of private companies are inherently dicey, especially if they're not making money.