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Samsung to Acquire Cloud Provider Joyent

Samsung to Acquire Cloud Provider Joyent Image Credit: Joyent

Samsung has agreed to acquire Joyent, a leading public and private cloud provider. With Joyent’s superior cloud technology, Samsung said that it will now have its own cloud platform capable of supporting its growing lineup of mobile, Internet of Things (IoT) and cloud-based software and services. 

Joyent will become part of Samsung’s mobile communications unit, but continue to operate as a standalone company. Through this acquisition, Joyent’s talented team of technologists, including CEO, Scott Hammond, CTO, Bryan Cantrill, and VP of Product, Bill Fine will join Samsung to work on company-wide cloud initiatives.

Joyent’s technology is expected to strengthen Samsung's existing product lines and will allow it to scale its own cloud infrastructure and services as it continues to innovate with new software and technologies. In addition, Joyent’s unique combination of container-native infrastructure, object storage, server-less computing, and Node.js expertise is perfectly suited to help Samsung meet the needs of its customers. 

Injong Rhee, CTO of the Mobile Communications business at Samsung Electronics 
In Joyent, we saw an experienced management team with deep domain expertise and a robust cloud technology validated by some of the largest Fortune 500 customers.

Scott Hammond, CEO of Joyent
Samsung brings us the scale we need to grow our cloud and software business, an anchor tenant for our industry leading Triton container-as-a-service platform and Manta object storage technologies, and a partner for innovation in the emerging and fast growing areas of mobile and IoT, including smart homes and connected cars.

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Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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