Add file transfer outfit Caffeinated Mind to the list of companies “acqu-hired” by Facebook, as the social network acquired the company’s intellectual property and hired the management team.
Caffeinated Mind will shut down its Sendoid in-browser file-transfer service Wednesday, with the desktop version to follow one week later (March 14), and its Expresso big-data-transfer pilot program facing “decaffeination” at some point in the next two weeks.
The three-person Caffeinated Mind team will join Facebook to focus on the development of tools for the social network to share information internally, VentureBeat reported, adding that Facebook did not acquire Caffeinated Mind’s technology in the transaction, and the company is not exploring entry into the file-sharing sector.
Caffeinated Mind Co-Founder John Egan told VentureBeat the three team members feel like they can still have an impact while working with Facebook, and hope to continue their projects at the social network.
And the Caffeinated Mind homepage now reads:
We’re extremely excited to announce that Caffeinated Mind is joining Facebook!
When CMI first started, we wanted to change the way files moved online. That vision has evolved over the past year through our experience at YCombinator, where, since launching Sendoid, we’ve moved countless files for our users, and then later went on to tackle big-data transfer problems for enterprises with Expresso. The journey has been incredible, and we’ve learned more than we had ever hoped while making our little dent in the world.
We can’t think of a better place to continue this journey than Facebook, where we’ll be developing internal tools to improve the inner workings of the company and product, applying our technical and product expertise to their rapidly growing service.
Over the next two weeks, we’ll be winding down Sendoid and closing the corporate pilot for Expresso. We’re hyper-concerned about data here, and our users can rest assured that we have fully purged all transfer-history logs on our servers and that we retain no personal data from our users.
From the entire Caffeinated Mind team, we thank our users for helping us to get where we are today!