Skip to main content

Samsung Enters Cloud Market To Give Gravity To Its Expanding Cloud Software And Services Platforms



Samsung has acquired Joyent, a San Francisco-based public and private cloud provider, for an undisclosed sum.


With the purchase, Samsung has bought access to its very own cloud platform that it said will support its growing range of IoT, mobile, and cloud software and services products.

“…until today, we lacked one thing. We lacked the scale required to compete effectively in the large, rapidly growing and fiercely competitive cloud computing market. Now, that changes,” said Joynet CEO Scott Hammond in a blog post this week.
Containers
Joyent, which competes with providers such as VMware and Red Hat in the private cloud space, now gets to use Samsung as an anchor tenant for its Triton container-as-a-service platform and Manta object storage product. Joyent will also get a look-in at Samsung’s smart home and connected car businesses. “As one of the world’s largest consumers of public cloud data and storage, Samsung will immediately benefit from having direct access to Joyent’s technology, leadership and talent.”
Joyent completes a hat trick of US acquisition for Samsung in recent years. In 2014, the mobile giant bought IoT home appliance company SmartThings, and in 2015 it bought Apple Pay competitorLoopPay. “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,” said Injong Rhee, CTO of the mobile communications business at Samsung.
A number of Joyent cloud peers have been acquired by larger companies in the past. SoftLayer was acquired by IBM to boost its cloud business in 2013, with SoftLayer now a crucial part of IBM’s worldwide strategy.“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,” said Rhee.

Comments

Post a Comment

Popular posts from this blog

US Demands Immediate End To South Sudan Fighting

The United States demanded an immediate end to renewed fighting in the capital of South Sudan on Sunday, ordering all non-essential personnel out of the troubled country. "The United States strongly condemns the latest outbreak of fighting in Juba today between forces aligned with President Salva Kiir Mayardit and those aligned with First Vice President Riek Machar Teny, including reports we have that civilian sites may have been attacked," State Department spokesman John Kirby said in a statement.
Post a Comment
Read more

Canada Police Thwart Potential Attack,Suspect Shot Dead

Canadian police shot dead an alleged Islamic State sympathizer who was about to activate an explosive device in Ontario late on Wednesday, media reports said as police confirmed thwarting a “potential terror threat”. There was no immediate confirmation from Canada’s federal police that anyone had been shot, with a statement saying only that a suspect had been identified and that they had taken “action” after receiving “credible information” about a potential attack. “Earlier today, the RCMP received credible information of a potential terrorist threat. A suspect was identified and the proper course of action has been taken to ensure that there is no danger to the public’s safety,” the Royal Canadian Mounted Police (RCMP) said in a statement. They did not say where the incident took place. Media reports said the suspect was a 24-year-old man who had been arrested in 2015 for expressing support for the Islamic State group in postings on social media. He had been released in February ...
Post a Comment
Read more

Lafarge Africa Posts N30bn Drop In Half-Year Profit

Lafarge Africa Plc, a leading cement and building solutions provider, yesterday announced a loss of N30.1 billion for the half year ended June 30, 2016, compared with a profit after tax of N27.3billion in the corresponding period of 2014.
Post a Comment
Read more