Delphi seeks $50M tax abatement for new vehicle program
The five-year tax break could help bring a new research-and-development program for electric vehicles to Kokomo, creating
118 jobs and saving 72.
Technology
Articles
$15M loan brings EnerDel closer to launching production
The locally based battery maker serves as collateral on the financing lined up by its New York-based parent, Ener1.
Brightpoint cuts CEO’s pay by almost 35 percent
Robert J. Laikin earned $2.2 million in 2009, nearly 35 percent less than in 2008. Several other members of his management
team also took
substantial pay cuts.
300,000-plus consumers take shine to Apple’s iPad
The glitzy gadget maker says it sold hundreds of thousands of iPads on Saturday, the day they debuted for more than $499 a
pop.
Interactive Intelligence taps college to connect with BlackBerry
Shortly after Interactive Intelligence Inc. decided two years ago to push beyond its roots in call centers and pitch its
communications software to more insurance agents and money managers, the company ran up against a tricky hurdle: the BlackBerry.
Weighing Google’s China decision
Ethical conundrums rarely present themselves in black-and-white. But Google gets high marks from a couple of Hoosier academics
who say the company made the right choice to leave China.
FormSpring.com changes name to eliminate confusion with social site
Since the company was founded in 2006, it has racked up customers from 110 countries, providing them numerous Web forms to
capture customer/client information.
ALTOM: Do your company data files belong in the ‘cloud’?
The “cloud” is a relatively recent word to describe the Internet, but it has a rather specific connotation. It
refers to the Internet’s ability to take individual objects and break them into pieces so they can be stored and retrieved
without your knowing exactly where they’ve been.
Entrepreneurs lose clout as VC funds get stingier
Most local venture funds are standing pat because the economy is weak and they’re no longer
in fund-raising mode. Having invested most of their funds, the firms have shifted to the nurturing, or “harvesting”
stage, to try to improve investment returns.
Sales slowdown prompts biz model change at Weblink
Software maker took abrupt turn into advertising for its customers when recession threatened.
Big guns behind Allos Ventures tech fund
The region’s blossoming technology sector is about to get another shot of financial fertilizer. The newly formed Allos
Ventures has raised $20 million from investors and plans to focus on early-stage tech companies.
Text donations are new frontier for not-for-profits
The Indianapolis affiliate of Susan G. Komen for the Cure plans to unveil what might be the first such “text-to-donate”
option offered among local not-for-profits.
Sales slowdown prompts biz model change at Weblink
Software maker took abrupt turn into advertising for its customers when recession threatened.
Web site developer Imavex gets new CEO
A former executive of Indianapolis-based engineering firm The Schneider Corp. has been named CEO of Imavex LLC, a Noblesville-based
Web site developer and Internet marketing consultant.
BlueLock plans $35.6 million investment, 118 new jobs
Indianapolis-based tech firm BlueLock LLC is poised to continue its growth spurt, planning a $35.6 million investment at its
north-side facility that could create 118 jobs. City planners have recommended approval of a 10-year tax abatement.
Carpenter Realtors trots out smart phone technology
Specialized bar codes will be on Carpenter materials ranging from print advertisements to yard signs.
Hurco suffers loss as sales plummet
The Indianapolis-based manufacturer’s quarterly revenue fell to $20.6 million, a 27-percent drop from the same period the
year before.
Health care software firm raises $1.15 million
Indianapolis-based PolicyStat LLC raised $1.15 million in angel capital from 31 individuals and Halo Capital Group.
Evansville firm enters local cloud-computing fray
nGenX Corp. is opening an Indianapolis office to tap into increased demand for outsourced data centers.
Fishers video software developer adding 49 jobs
Fishers-based Exacq Technologies Inc. will invest $1.1 million to expand its Exit Five Parkway headquarters, creating as many
as 49 new jobs by 2013.