Samsung to Buy US Cloud Services Startup Joyent

No financial terms were disclosed. The Joyent acquisition deal will help Samsung expand beyond its devices and into the broader market for software and services. The company would become known under its current title after a business merger which was finalized in November 2005.

Joyent CTO Bryan Cantrill said that a decade ago the leaders in computing were survivors from the mainframe and PC revolutions (IBM and Microsoft), today they are an online bookstore (Amazon) and a search engine (Google). Joyent now services Fortune 500 companies and sites like Storify, and Samsung says that it will continue to operate as a standalone company.

While the acquisition deal will contribute to Samsung’s revenue stream, the company did not sign the acquisition deal to merely generate revenue from the web services.

Samsung also sees value in using cloud services to collect and analyze data generated by its devices, which Mr. Rhee said could be used to make personalized recommendations for its users, which would make Samsung’s products more attractive to potential consumers.

Joyent is the high-performance cloud infrastructure company, offering the only solution specifically built to power real-time web and mobile applications. In addition to a customer base that includes a number of Fortune 500 customers, he said, Joyent also brings “an experienced management team with deep domain expertise and a robust cloud technology”. For that, container technology is now the favored solution and, while Amazon supports containers, Joyent has been out front with that tech for much longer. Official definitive evidence in this sense has yet to be found, however. Joyent’s Triton Elastic Infrastructure is the best place to run Docker, making container ops simple and scalable with enterprise-grade security, software-defined networking and bare-metal performance. As a reminder, Manta is its object storage technology, while Triton is a container-as-a-service platform. In 2015, the OEM purchased LoopPay, which became Samsung Pay, one of the company’s big hits from recent years. They are prioritizing quality, support, and reliability.

Samsung wasn’t specific about what those apps are, but it has many that could likely use Joyent’s services like Knox, S Health and S Voice.

According to Venture Beat, Scott Hammond, CEO of Joyent, said that until now, the firm had lacked the scale required to contend effectively in the large, fiercely competitive and rapidly growing cloud computing market. Time will tell, but until then let us know your opinion.