Big data startup Infochimps has been acquired by professional services giant CSC. Infochimps began life as a data marketplace in 2009, but when that plan didn’t work out the Austin, Texas-based company pivoted — wisely — into selling as a cloud service the big-data infrastructure tools it had built to run the marketplace. The acquisition (especially the buyer) was surprising, but not too shocking.
I like the team at Infochimps and have always wished them the best of luck. That being said, although I don’t know how much CSC paid for the company, I assume it was a modest sum. (Infochimps CEO Jim Kaskade told me that shareholders were quite happy with the price). Infochimps had raised about $2.6 million in venture capital and was actively seeking another round. Its most-recent funding came via two rounds of debt financing (the second in June) totaling approximately $2.5 million.
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