WalmartLabs acquires website optimization startup Torbit
New York -- Walmart’s Silccon Valley hub, called @WalmartLabs, announced on Wednesday it has acquired Torbit, a cloud-based website acceleration company.
Walmart described Torbit as a “front-end optimization innovator that has been focused on making the web a faster and better place.” Torbit is known for developing measurement, analytics and performance improvement tools to help companies identify and enhance their overall site performance.
“With Torbit’s Site Optimization technology, we will be able to optimize our website experience no matter where our customers are shopping – be it on a desktop, tablet or mobile phone,” @WalmartLabs stated on its blog.
“Torbit’s technology drastically minimizes the time customers spend waiting for a site to load by applying state-of-the-art optimization to the contents of the web page on-the-fly, as they are delivered to the customer's browser.”