Silk s co-founder and CEO, Salar al Khafaji, announced today that private data analytics unicorn Palantir would be acquiring the company.
The transaction appears to be an acqui-hire, with members of the Silk team directly joining Palantir in new roles.
Founded in 2010, Silk helps data journalists, activists, NGOs and businesses produce data visualizations in the cloud without the need for complex software and programming knowledge.
Silk.co as a platform will continue to operate, said Khafaji in a blog post.
Nothing will change to current Silks, and you can still create a new Silk for free.
The Silk team noted that it was willing to transition to work on even bigger and more important data problems, signaling that the deal is likely not indicative of any new consumer pivot for Palantir.