Big tech deals keep coming: Broadcom buys VMware for $61B
With the perceived value of tech companies on the decline, at least for now, more buyouts could be on the way with targeted companies appearing relatively cheap.
Technology
Articles
Indiana National Guard seeks employers for cybersecurity career fair
The Indiana National Guard’s cyber battalion is returning home from an out-of-state deployment this fall, and the Guard is seeking employers with Indiana jobs to offer the soldiers upon their return.
Indianapolis-based Resultant acquires Texas-based consulting firm
Indianapolis-based technology consulting and analytics firm Resultant has acquired Teknion Data Solutions, which is based in the Dallas metro area. It’s the fourth and largest acquisition Resultant has made in the past three years.
Westfield firm gives farmers a drone’s eye view of crops
Taranis is part of a new but rapidly growing industry offering agricultural mapping services and the ability to monitor vast swaths of cropland in minute detail, helping landowners maximize yields.
Indianapolis-based ed-tech startup XR Technologies to launch teacher licensure program
Indianapolis-based XR Technologies, which hires math teachers with non-traditional backgrounds and places them in classrooms around the state, has received approval to launch a teacher licensure program that the company says will help it scale its reach beyond the state’s borders.
Musk says $44B Twitter acquisition ‘temporarily on hold’
Elon Musk’s concern about spam and fake accounts on the social media platform represents yet another twist amid signs of internal turmoil over the proposed acquisition.
Biden starts program to provide discounted internet service
With the new commitment from the internet providers, some 48 million households will be eligible for $30 monthly plans for 100 megabits per second, or higher speed, service.
Cryptocurrency bank with Hoosier connections draws banking regulators’ scrutiny
San Francisco-based Anchorage Digital Bank, which announced in January its plans to open an Indiana office, is the subject of a consent order issued by federal banking regulators. But both the regulators and Anchorage say the bank is working to come into compliance with Bank Secrecy Act and anti-money-laundering regulations.
AT&T raises prices on wireless plans to address higher costs
The price hike will test whether carriers can join other industries like food and energy in passing on higher costs. The plan could backfire if disgruntled AT&T customers defect to Verizon and T-Mobile.
Tech leaders say increasing support for new graduates, investors can strengthen tech sector
Local tech-industry executives say an expansion of an existing investor tax-credit program, plus an increased emphasis on high-school computer education, would go a long way to help support the state’s tech sector.
Zionsville coworking center zWorks consolidating into one building
A smart-home automation business is set to take over one of zWorks’ buildings after the coworking center consolidates into one location.
IU Health, Wunderkind, Market Wagon, RxLightning among winners at Mira Awards
A total of 16 individuals, companies and organizations were named as winners in TechPoint’s annual Mira Awards. Awards were presented at a black-tie gala Saturday night.
Marketing-tech startup Prodport lands $3.6M investment
Prodport’s CEO and cofounder is Ohad Hecht of Carmel, who formerly led marketing-tech firm Emarsys until leaving that company last year.
Med-tech startup Prevounce, a newcomer to Indy, has big growth plans here
Prevounce Health, which launched in 2019 in Los Angeles, relocated its operations to Indianapolis last fall and just landed $4.5 million in investment funding which the company says will help it expand and double its workforce in coming months.
Inside Twitter, Elon Musk’s bid prompts employee worries, exasperation
CEO Parag Agrawal held a companywide meeting to reassure his 7,500 full-time employee workforce by arguing that one man could not change a culture and that it was up to the company to set strategy
Seasoned local executive Ting Gootee tapped to lead TechPoint
Gootee, who has been the chief investment officer at Indianapolis-based Elevate Ventures since 2014, is a well-known figure in Indiana’s technology, investment and entrepreneurship circles.
Accounts deceivable: Email scam costliest type of cybercrime
Business Email Compromise scams get far less attention than the massive ransomware attacks that have triggered a powerful government response, but they siphon untold billions from the economy as authorities struggle to keep up.
AgriNovus to launch tech-focused challenge to combat hunger
The challenge, to be called HungerTech, will invite participants to come up with tech-focused ideas for improving grocery delivery access for recipients of the Supplemental Nutrition Assistance Program, or SNAP.
TechPoint to honor Bill Oesterle with annual Trailblazer Award
Angie’s List cofounder Bill Oesterle was chosen to receive the Trailblazer Award at TechPoint’s sold-out Mira Awards gala later this month.
Vertex hopes military contract will bring business to Indianapolis site
Vertex announced this week that it has been awarded a seat on a $46 billion Air Force contract, which gives the company the right to bid on projects that fall under the contract.