Indianapolis-based public relations firm Blastmedia, whose client list includes a roster of well-known local tech companies, has been acquired by Boston-based PAN Communications. Financial terms were not disclosed.... Read More
Columbus-based Cummins, which late last year offered voluntary buyouts to some of its salaried employees, now plans to make further reductions to its workforce. Company spokeswoman Lauren Daniel told IBJ she could not share specifics on how many...... Read More
High Alpha, an Indianapolis-based venture firm that invests in early-stage software-as-a-service companies, has closed on a $125 million investment fund—its fourth and largest investment fund since the firm’s launch in 2015. Fund IV marks some shifts in...... Read More
The Krach Institute for Tech Diplomacy at Purdue has launched a new online initiative to educate government and business leaders—and the general public—on issues at the intersection of technology, national security and economic prosperity.... Read More
Indianapolis-based Katz, Sapper & Miller, one of the city’s largest accounting firms, announced plans Monday to acquire Cassady Schiller CPAs & Advisors, a 70-person firm based in Cincinnati. KSM declined to disclose financial terms of the transaction.... Read More
Allison Ventures, the venture capital arm of Indianapolis-based Allison Transmission Inc., has committed to a $10 million investment in Pennsylvania-based investment firm EnerTech Capital. Allison Ventures will be one of 10 corporate investors in...... Read More
Sports Tech HQ Inc., an initiative launched by the Indiana Economic Development Corp. in June 2022, has secured $4.5 million from the IEDC to fund its operations for the next two years. That amount is double what the IEDC initially invested two years ago.... Read More
Indianapolis-based Paxafe Inc., which helps customers identify and avoid potential supply-chain disruptions, has secured $9 million in Series A funding to fuel the company’s growth. The investment brings Paxafe’s total raised to date to $14 million.... Read More
More than a year after its acquisition by Marion-based Indiana Wesleyan University, Indianapolis-based Eleven Fifty Academy is rolling out big, future-focused changes. Perhaps the most significant: The school has begun focusing its instruction on...... Read More
Columbus based Cummins Inc. saw its revenue drop slightly in the first quarter, but its profit increased sharply because of one-time gains from the spinoff of its filtration business. In its first quarter financial report, the manufacturer reported...... Read More
