Austin’s Infochimps, Big Data Analysis Software Maker, Bought by CSC
Austin-based Infochimps has been acquired by Falls Church, VA-based Computer Sciences Corp (NYSE: CSC).
About 30 minutes after the news filtered out in a series of congratulatory messages through Twitter, Jim Kaskade, the Austin startup’s CEO, confirmed the purchase in a post on his company blog. “By joining forces with CSC, we together will deliver one of the most powerful analytic platforms to the enterprise in an unprecedented amount of time,” he wrote late Tuesday afternoon.
Financial terms of the acquisition have not yet been announced. Infochimp executives couldn’t immediately be reached for comment.
Infochimps, based in Austin and Silicon Valley, is a developer of cloud-based, big-data analysis software that is used to slice-and-dice enterprise data. It will become a wholly-owned subsidiary of the Virginia-based company and will become part of CSC’s Big Data and Analytics business unit, Kaskade wrote. The startup’s team will remain intact, including current leadership, he said in his post.
Infochimps was backed by DFJ Mercury, Anduin Ventures, ff Venture Capital, and Stage One Capital. “When CSC begins to insert the Infochimps DNA into its global staff of 90,00 employees, focused on bringing Big Data to a broad enterprise customer base, powerful things are bound to happen,” he wrote.