Two local technology firms merge after acquisition
The merging companies, Word Systems Inc. and iRecord LLC, will operate as Word Systems LLC and retain all management and employees, officials said.
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Apple warns China virus will cut iPhone production, sales
The tech giant is warning investors that it won’t meet its second-quarter financial guidance because of the viral outbreak.
Q&A with Roger Veach, Axia Technology Partners CEO
Roger Veach’s fast-paced career hasn’t kept him from enjoying the rocket ride of his son, Zach Veach, a race car driver for the Andretti Autosport racing team.
Carmel startup Shiftlab using AI platform to help companies with staffing, scheduling
The software-as-a-service company, which was founded in the second quarter of last year, recently secured a local tech veteran as its CEO and hit its primary goal on its seed round of funding.
U.S. regulators probing acquisitions by five giant tech firms
The FTC, the Justice Department and a House committee have been investigating the conduct of Facebook, Google, Amazon and Apple, and whether they aggressively bought smaller potential rivals to suppress competition and hurt consumers.
McDonald steps down as ClearObject CEO to join venture fund
John McDonald said he’s taking a position with Boomerang Ventures to become more involved in the state’s startup ecosystem.
Josh Owens left SupplyKick weeks before dropping out of governor’s race
Owens told IBJ on Tuesday that he left his job as CEO of local tech firm SupplyKick in early January in part to focus on his run for governor. Now that he’s not running for governor, he said he hasn’t decided what his next move is.
California-based OpenPath to open Fishers office in Flexware project
The security firm’s Fishers office will be its first major move outside of its home base in Los Angeles, where most of its 70 employees are located.
Purdue gets $5.9M contract to develop Mach 8 wind tunnel
Purdue, which is already home to one of only two working Mach 6 quiet wind tunnels in the U.S., will collaborate with the University of Notre Dame to develop the Mach 8.
Startup’s solution to back pain gaining traction with auto industry
Comfort Motion Global has five patents on a software-based system that uses algorithms to make periodic micro adjustments to automobile seats.
Indianapolis-based Sensory Technologies acquired by global firm
Sensory Technologies, which has about 170 employees, had been in acquisition mode itself in recent years. Now it becomes part of a firm with 2,500 employees operating out of about 50 locations worldwide.
Global scale-up accelerator expanding presence in Indy
Endeavor, which helps companies access talent and capital but takes no equity, is hunting for six to eight companies for its second Midwest cohort, an eight-month mentoring program which begins April 23. Endeavor officials want at least of those companies to come from central Indiana.
High Alpha podcast software firm lands $2.35M in seed funding
The latest is firm for venture studio High Alpha is Casted, a software-as-a-service firm that markets a platform for branded podcasts—those produced by businesses and other organizations.
Frustrated health consumers turn to apps, websites to find lowest drug prices
In recent years, a host of online websites and smartphone apps—such as GoodRx, Blink Health and Script Saver—have popped up to help people find the lowest price for prescription medicines. By using them, consumers can save thousands of dollars a year on their prescriptions if they don’t mind shopping around and buying some of their drugs outside their insurance plans.
Like never before, marketers are using your personal data to tailor their messages
Your smartphone, tablets, speakers and smart TVs are all acting as magnifying glasses for companies that pay billions of dollars to get an up-close and personal view of you.
ActiveCampaign’s massive VC haul to trigger growth at Indy office
ActiveCampaign, a Chicago-based marketing technology company that recently opened an Indianapolis office, announced this week it landed $100 million in Series B funding that will help it grow locally.
D.C.-area tech and marketing firm plans to open Indy office, hire up to 100 this year
U.Group formed last year through the merger of a firm specializing in government IT and another focused on digital marketing.
IU professor builds IoT-based system to save factories millions on energy bills
Amrou Awaysheh, an IU Kelley School of Business assistant professor of operations management, is building an IoT-based system he says can save factories $100 million annually in verified energy savings.
Allos Ventures closes third VC fund at $52 million
The Allos III fund has already invested in eight technology companies, and Allos officials said the fund could invest in up to 30 across the Midwest.
House passes bill to prevent companies from forcing employees to be microchipped
House Bill 1143 would prohibit businesses from using the implantation of some type of tracking or identification device as a condition of employment for current or prospective workers.