HALO shines on IT upstart
Policy management firm PolicyStat lands venture investment from HALO Capital Group, the angel investor network managed by TechPoint. HALO has invested a total of $12.5 million in firms statewide in the past 20 months.
Technology
Articles
ALTOM: See the light, and get on the fluorescent bandwagon
It’s hard to imagine an invention more commonly used than the light bulb. It’s a shame that by 2014 we probably
won’t be able to buy them anymore, at least not as readily as we do now.
The other two elite colleges
Debating why Earlham and Taylor grads don’t take their places alongside peers from DePauw and Wabash.
High-end audio firm Indy Audio Labs powers up with new hires
An upstart audio products company with offices at Purdue Research Park at AmeriPlex has brought in big guns to launch sales.
Law firm Alerding Castor Hewitt hires ExactTarget’s ex-general counsel
William Boncosky spent seven years at the ExactTarget, a span when the firm’s employment grew from 14 to 500.
Brightpoint quarterly estimate below expectations
Cell phone distributor predicts fourth-quarter results below analyst estimates, sending shares down in aftermarket activity.
ChaCha raises $7 million in venture funding
ChaCha, a Carmel-based mobile search engine, announced Monday morning that it has closed on $7 million in venture funding.
ALTOM: How does 3G matter to your cell phone?
3G is the third generation of cell technology and is designed to make it easier to send video and other bandwidth-hungry material.
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.
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.