Cummins Inc. and Stellantis are among the manufacturers in eight states that will receive a total of $1.7 billion in federal grants to help restart or expand electric vehicle manufacturing and assembly sites.... Read More
Human-resources technology company UKG Inc. is eliminating about 2,200 jobs—14% of its global workforce—including an unknown number in Indianapolis. UKG, or Ultimate Kronos Group, which has more than 15,000 global employees, offers a...... Read More
Indianapolis-based Elevate Ventures has selected the 25 startups that will compete in its second annual $1 million IN-Prize pitch contest—and this year’s crop of competitors includes a lot more Indiana companies. IN-Prize will take place during...... Read More
Indianapolis-based venture studio High Alpha has launched its latest software startup: Luster, which uses artificial intelligence to help salespeople sharpen their skills. Luster’s software platform offers an alternative to traditional sales training methods.... Read More
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
