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Indy Business Bought For $2.5B
Updated June 5, 2013 6:52 AM | Filed under: Business
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(INDIANAPOLIS) - One of the state's top technology companies is being sold in a billion dollar deal.

San Francisco-based, the largest maker of online customer-management software, has announced an agreement to purchase Indianapolis-based ExactTarget for approximately $2.5 billion dollars. The offer for $33.75 per share in cash is 53 percent more that ExactTarget's closing price Monday.

The transaction has been unanimously approved by the boards of directors of both companies.

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