Omnicity continues wireless broadband acquisition spree
Omnicity makes seventh acquisition since going public in February. The Rushville company aims to be nation’s largest wireless
broadband provider in rural markets.
Technology
Articles
First decade of century marked by buyouts and bubbles
The decade witnessed a massive terrorist attack, two wars, and a building-and-buyout boom fueled by easy credit.
Safis Solutions speaks ‘FDA’
Indianapolis regulatory compliance consultant Safis Solutions snares contracts with Eli Lilly, other big clients. CEO Ping
Poulsen has built company to 20 employees.
Indy Power Systems technology cited by Discovery magazine
Founder Steve Tolen started out to make an electric car and wound up with a device to blend and regulate power among different
types of electric batteries.
Brightpoint pays $31M for distribution facility
Locally based Brightpoint Inc. has closed on a $31 million deal to purchase its 495,000-square-foot distribution facility
in Plainfield.
Espresso Book Machine could open new pages in local retailing
The pricey Espresso prints and binds books while customers wait. But retailers aren’t sure what to expect when the the machine
gains wider acceptance.
$75M investment in ExactTarget may be Indianapolis record
The amount raised since October is in addition to the $69.9 million it received in May from three venture
firms on the coasts, in what was the third-largest venture deal in the nation during the second quarter,
according to the National Venture Capital Association.
ALTOM: It’s time to rethink reliance on PowerPoint presentations
A college administrator believes technology shifts the educational focus from the wits and wisdom of the instructor to the
bullet points in the presentations.
Get ready for fake pork
Scientists have discovered how to grow pork in a lab. Now, what to do with all that corn?
IT firm receives abatement for job-growth plans
Indianapolis’ largest computer consulting firm on Wednesday received property-tax abatement relating to its plans to
create 200 high-paying jobs and invest $600,000 in new equipment.
Massive CEDIA Expo returning to city after 5-year break
The locally based Custom Electronic Design & Installation Association will bring its fall trade show back to Indianapolis
in 2011 and 2012—making good on a promise to return after a $275 million expansion of the Indiana Convention Center.
Local IT consulting firm plans to add 200 workers
Indianapolis’ largest computer consulting firm is seeking property-tax abatement relating to its plans to create 200 high-paying
jobs and invest $600,000 in new equipment.
Employers brace for Cyber Monday
More than 53 percent of workers with Internet access, or 68.8 million, are expected to shop online Monday, according to
the Washington, D.C.-based National Retail Federation.
Video surveillance legal in Hoosier state, but beware lawsuits
Most states–Indiana included–have no law on the books banning video surveillance in homes or businesses. However, anyone
considering using a hidden camera should consider the potential to be sued under the state’s well-developed privacy law.
Internet sales of hidden ‘nanny’ cameras booming
Falling prices,
rising distrust persuade businesses and individuals to point lenses at the unsuspecting. Bonus: Our own video
surveilling the new tiny tech.
Traffic technology handy after propane tanker explosion
A complex system of signs along Indianapolis’ interstate highway system was pressed into action after a propane tanker exploded
in October near I-465 and I-69.
Vonage to settle investigation involving 32 states
Internet phone service provider Vonage Holdings Corp. will pay $3 million to 32 states, including Indiana, and provide refunds
to affected customers.
CTI reports quarterly loss on lower revenue
Indianapolis-based CTI Group Holdings Inc. lost $337,549 in the third quarter on significantly declining revenue.
Losses grow for EnerDel parent, but sales rise
New York-based Ener1 reported late Monday that it suffered a third quarter loss of $15.8 million.
Wal-Mart gets into the casket business
Batesville Casket Co., the world’s largest manufacturer, says it’s watching, but isn’t worried.