Walmart’s Silicon Valley innovation lab dubbed @WalmartLabs today announced it has acquired Torbit, a cloud-based website acceleration service. The retailer already plans to use Torbit’s site optimization technology to improve performance across desktops, tablets, and mobile phones.
Based in San Mateo, Torbit.com was founded in November 2010 by current CEO Josh Fraser and CTO Jon Fox. Only Fox will be joining Walmart Labs, however, along with three other engineers:
Joining us will be Jon Fox, an avid technology entrepreneur and web developer who has spent the last 7+ years building and scaling companies and providing better content and services for websites; Mike Damm, the current head of network operations and the first engineer at OpenDNS with 14 years of experience in product and backend engineering; Tylor Arndt, a software engineer with experience in product and backend engineering, who also built a map reduce-style framework that is 10X faster than Google’s BigQuery; and Frederick Mayle, a software engineer with extensive experience in information technology and computer software.
It’s not clear where Fraser is headed, but given that he wasn’t mentioned by name, it’s safe to assume he won’t be joining Walmart Labs.
More to follow.
