Brightpoint making $80M acquisition
Indianapolis-based Brightpoint Inc. said Monday it has agreed to acquire Touchstone Wireless Repair and Logistics LP in an $80 million deal expected to close by the end of the year.
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Rushville broadband firm sued by companies it acquired
Omnicity Corp. is named in three lawsuits brought by owners of companies the firm bought who say they’ve not been paid the entire purchase price. All told, they claim they’re owed more than $1.2 million.
Creating smart-phone apps becomes big business for IUPUI students
Used to be a college student would work in the dining hall to make ends meet. For IUPUI students Gagan Dhillon, 18, and Sarb “S.J.” Singh, 21, the future is now.
ChaCha may drop T-Mobile over planned fee
Wireless carrier plans to begin charging a new one-quarter of 1 cent fee on text messages. In response, ChaCha CEO Scott Jones says his company will drop the wireless carrier from its answer service.
ALTOM: Do I need a cell phone that’s hardy or handy?
It’s time to change my cell phone, and that’s causing me a big problem. I have conflicting needs, and like everybody
else in the business world, I can’t seem to reconcile them.
Cincinnati Bell chooses Carmel for subsidiary’s headquarters
Evolve, which offers bundled voice and data services to commercial customers, will start with 100 employees in Carmel and
plans to add more.
IU gets $9.2 million grant for 2 global networks
Indiana University has won a $9.2 million federal grant to lead two high-speed global networks intended to boost scientific
collaborations between U.S., European and Asian researchers.
Enforcement lax on teen-driver mobile-phone ban
Indiana State Police report ticketing only one driver for violating the cell phone ban, and a state agency that tracks infractions
for 160 police departments could find just two other citations.
International Violin Competition of Indianapolis releases iPhone app for virtual front seat
The app will feature news, past laureate recordings, videos and access to the 2010 schedule, IVCI officials said.
Government plans to double available wireless spectrum
The Obama administration said Sunday it intends to nearly double the available amount of wireless communications spectrum
over the next 10 years in an effort to keep up with the ever-growing demand for high-speed video and data transmission to
cell phones, laptops and other mobile devices.
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.
Carpenter Realtors trots out smart phone technology
Specialized bar codes will be on Carpenter materials ranging from print advertisements to yard signs.
Demand for smart-phone applications spawns opportunities
Smart-phone fever is heating up the climate for innovation in the local tech community, as firms new and old try to cash
in on the demand for applications that can be used on the iPhone, BlackBerry and other gadgets from the likes of Palm and
Google.
Wireless bidding system BidPal drives charity auction offers higher
Tech executive Scott Webber and a local entrepreneur are out to revolutionize benefit auctions, which, despite their importance
in raising an estimated $16 billion a year for not-for-profits, can be remarkably primitive.
Bluefish Wireless set to announce up to 150 new local jobs
A Zionsville firm that manages employers’ wireless devices plans expansion, new jobs. Clients
include
such Fortune 500 companies as Intel, Oracle, Ford Motor Co.
Brightpoint increases stock repurchase to $80 million
Indianapolis-based cell phone distributor is buying back more shares as part of a settlement it reached in October with Denmark
holding company NC Telecom Holding A/S, which Brightpoint bought in 2007.
Brightpoint quarterly estimate below expectations
Cell phone distributor predicts fourth-quarter results below analyst estimates, sending shares down in aftermarket activity.
HAUKE: Apple faces competition in mobile phone wars
For a while, everyone seemed to think the iPhone was unassailable, but Motorola, Google and Verizon are about to give it their best shot. And investors are placing their bets now.
London hedge fund sues Brightpoint over failed acquisition
A London-based hedge fund has sued Brightpoint Inc. over a $10 million loan it alleges the Indianapolis-based cell phone distributor
fraudulently brokered in anticipation of an acquisition in France that never materialized.
Bluefish Wireless launches unit to help firms manage wireless-phone expenses
Mobi Wireless is targeting medium-size to large companies needing more control of wireless expenses
and fewer internal resources dedicated to the task.