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• Walmart said yesterday that its has acquired Torbit, a company that is described as having developed "a platform for front-end optimization for websites, with a focus on enabling faster load times and making these techniques available to customers without a lot of IT time and/or resources." Terms of the deal were not disclosed.

The move is said to be a boon to the Walmart Labs portfolio, helping it develop an online experience that will be faster and more efficient for consumers.
KC's View:
In Jaws terms, this means that one of the ways that Walmart is girding for the battle against Amazon.com is making sure it has the right sized boat ... with the right strategies, tactics, technologies, and people.