Samsung to acquire Joyent for own cloud platform

Samsung Electronics is set to buy Joyent, a public and private cloud provider, to create its own cloud platform for supporting its mobile, Internet of Things (IoT) and cloud-based software and services.

“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 Electronics.

Joyent’s technology will allow Samsung to scale its cloud infrastructure and services. 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.

Joyent’s combination of container-native infrastructure, object storage, server-less computing, and Node.js expertise is suited to help Samsung meet the needs of its customers.

Joyent will operate as a standalone company under Samsung and provide cloud infrastructure and software services to its customers.