A rise in large orders enabled the business-communications software firm to more than double profit to more than $10.4 million in the fourth quarter. Revenue leaped 41 percent, to $50.7 million.
Eli Lilly and Co. spin-off has landed new private investment and may double its work force this year.
Indiana drivers would not be allowed to send or read text messages on mobile phones under legislation that cleared the Indiana House on Tuesday.
Did the serial entrepreneur really "invent" voice mail? What's his tie to "Dr. Dunkenstein"? Why is lemonade so crucial? The CEO of ChaCha Search has answers.
Simon Property Group’s acquisition of Prime Outlets was the largest by an Indiana company in 2010.
Fourth quarter helps to bolster 2010 deal-making.
The Carmel-based company said the latest round of financing extends a $20 million investment it received in October to fund an expansion of its signature mobile service.
Indianapolis-based Brightpoint Inc., which helps cell phone makers manage their supply chains, said Wednesday that it is re-entering Poland, a market it exited two years ago at the height of the global downturn.
Vice President Joe Biden was in Greenfield, about 25 miles east of Indianapolis, on Wednesday morning to visit an EnerDel plant that received a $118.5 million Recovery Act grant in 2009 to expand its lithium-ion battery production.
One of the top executives at Brightpoint Inc. is leaving the Indianapolis-based cell phone distributor to take a similar position at Simon Property Group.
The maker of contact center software said it expects to report fourth-quarter revenue of $49 million to $51 million, compared with $35.9 million for the same quarter last year.
Indianapolis technology firm MMY Consulting Inc. will spent $700,000 to expand its local operations, economic development officials said early Wednesday, nearly doubling its staff over the next four years.
Brightpoint said it will take over direct sales of Allied Wireless, as well as billing, shipping of equipment and other functions.
Verizon Wireless made the long-awaited announcement Tuesday that it will start selling a version of the iPhone 4 on Feb. 10, giving U.S. iPhone buyers a choice of carriers for the first time.
Indianapolis-based business-communications software firm said it is expecting higher profit and revenue for both the fourth quarter and fiscal 2010. Lucrative product orders in the fourth quarter should help boost earnings.
Audiovox said in a statement, though, that the deal is “subject to a number of contingencies.” Indianapolis-based Klipsch was founded in 1945 and has 130 local employees.
The chain’s growth got a boost last year when it landed a deal to operate 164 cellular shops inside HHGregg stores.
The distributor of wireless devices has completed its purchase of a 533,000-square-foot facility in the AllPoints Midwest business park in Plainfield and is leasing a 200,000 square-foot building, also in Plainfield.
Omnicity Corp. is a half-year behind in payments to a Muncie lender and faces several lawsuits over unpaid bills from companies it acquired.
I can’t help it; every time I see the Microsoft search engine “Bing,” I hear Bing Crosby’s voice crooning in my head.
