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.

Author: Angela Shah

Angela Shah was formerly the editor of Xconomy Texas. She has written about startups along a wide entrepreneurial spectrum, from Silicon Valley transplants to Austin transforming a once-sleepy university town in the '90s tech boom to 20-something women defying cultural norms as they seek to build vital IT infrastructure in a war-torn Afghanistan. As a foreign correspondent based in Dubai, her work appeared in The New York Times, TIME, Newsweek/Daily Beast and Forbes Asia. Before moving overseas, Shah was a staff writer and columnist with The Dallas Morning News and the Austin American-Statesman. She has a Bachelor's of Journalism from the University of Texas at Austin, and she is a 2007 Knight-Wallace Fellow at the University of Michigan. With the launch of Xconomy Texas, she's returned to her hometown of Houston.