Ascendum Solutions acquires TinyBrick eCommerce software company

Blue Ash-based Ascendum Solutions, a global technology services company, has just acquired TinyBrick, an eCommerce platform provider.

Ascendum 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.

"What 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,."

Headquartered 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.

The 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.

"The 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 build upon."

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


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