Blue Ash-based Ascendum Solutions
, a global technology services company, has just acquired TinyBrick
, an eCommerce platform provider.
is moving TinyBrick to Blue Ash from its former headquarters in
Rexburg, Idaho. TinyBrick is a fast-growing provider of customized
add-on software to Magento, a leading open source eCommerce provider.
TinyBrick does is provide modules and extensions to the Magento
software that anyone can use," says Richard Schramm, Ascendum's Emerging
Technologies Group AVP. "For example, the LightSpeed module adds a
technical capability called 'Full Page Caching' that is not available in
the Community or Professional versions of Magento. This module brings
that capability to those versions, allowing them to gain a significant
performance boost on their sites,."
in Blue Ash, Ascendum employs 1,500 high-tech professionals worldwide,
with offices in Dayton, Columbus, Lexington, New Jersey, Bangalore and
Ahmadabad, India. Backed by Vora Ventures technology holding firm,
Ascendum was named as one of the Top IT Firms in the Cincinnati region
in 2008 and was a finalist for the Fast 55 in 2011.
acquisition was a natural one for Ascendum, Schramm says. The company
is a Magento Gold Solution Partner that offers consultancy and hosting
services to companies that use Magento in the U.S. and abroad. TinyBrick
offers a way for Ascendum to expand its offerings to its clients.
natural next step was in leveraging our capabilities to offer valuable
modules and extensions to our customers as part of those consulting
engagements, as well as making them available commercially," Schramm
says. "To kick start this initiative, we looked for an organization that
provided a wide base of exceptional products in this space for us to
TinyBrick will be located in Blue
Ash. The company will be staffed by some TinyBrick employees, as well
Ascendum employees and some new hires, Schramm says. He declined to give
specifics on job creation numbers.
"I can tell you that we have aggressive growth plans in this area and will continue to add resources as we grow," he says.
By Feoshia Henderson
You can follow Feoshia on Twitter @feoshiawrites