Samsung Electronics has announced the purchase of U.S.-based cloud computing company Joyent Inc. With Joyent’s cloud technology, Samsung will now have access to its own cloud platform to support its growing lineup of mobile, Internet of Things (IoT), and cloud-based software and services.
“Samsung evaluated a wide range of potential companies in the public and private cloud infrastructure space with a focus on leading-edge scalable technology and talent. 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,” says Injong Rhee, CTO of the Mobile Communications business at Samsung Electronics.
Through this acquisition, Joyent’s 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.
“We are excited to join the Samsung family.†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,” says Scott Hammond, CEO of Joyent.
Joyent will operate as a standalone company under Samsung and continue to provide cloud infrastructure and software services to its customers.