{"id":8812,"date":"2016-06-12T23:01:31","date_gmt":"2016-06-13T03:01:31","guid":{"rendered":"http:\/\/news.samsung.com\/us\/?p=8812"},"modified":"2017-02-23T11:25:41","modified_gmt":"2017-02-23T16:25:41","slug":"samsung-acquire-joyent-leading-public-private-cloud-provider","status":"publish","type":"post","link":"https:\/\/news.samsung.com\/us\/samsung-acquire-joyent-leading-public-private-cloud-provider\/","title":{"rendered":"Samsung to Acquire Public &amp; Private Cloud Provider Joyent"},"content":{"rendered":"<p><span class=\"press-release-open\"><strong>SEOUL, Korea<\/strong><strong> \u2013 June 15, 2016<\/strong><strong> \u2014<\/strong><\/span><strong> Samsung Electronics Co., Ltd.<\/strong> today announced that it has agreed to acquire <strong>Joyent, Inc.<\/strong>, a leading public and private cloud provider. With Joyent\u2019s superior cloud technology, Samsung will now have access to its own cloud platform capable of supporting its growing lineup of mobile, Internet of Things (IoT) and cloud-based software and services. The transaction remains subject to customary closing conditions.<\/p>\n<p>\u201cSamsung 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,\u201d <strong>said Injong Rhee, CTO of the Mobile Communications business at Samsung Electronics.<\/strong><\/p>\n<p>As smartphones and connected-devices have taken hold across the world, cloud computing has become fundamental in providing users with exciting and reliable services and experiences on their devices. With leadership positions in both mobile and IoT, this acquisition represents Samsung\u2019s commitment to provide a seamless user experience to millions of customers.<\/p>\n<p>Joyent\u2019s technology will strengthen this position, while allowing Samsung to scale its own cloud infrastructure and services as it continues to innovate with new software and technologies. Through this acquisition, Joyent\u2019s 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.<\/p>\n<p>\u201cWe are excited to join the Samsung\u00a0family.\u00a0 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,\u201d<strong> said Scott Hammond, CEO of Joyent.<\/strong><\/p>\n<p>In addition, Joyent\u2019s 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. As one of the world\u2019s largest consumers of public cloud data and storage, Samsung will immediately benefit from having direct access to Joyent\u2019s technology, leadership and talent. Likewise, Joyent will be able to take advantage of Samsung\u2019s scale of business, global footprint, financial muscle and its brand power. Joyent will operate as a standalone company under Samsung and continue providing cloud infrastructure and software services to its customers.<\/p>\n<p>Samsung\u2019s Global Innovation Center spearheaded this acquisition for Samsung\u2019s Mobile Communications business. \u201cWe work closely with startups to bring new software and services into Samsung, and one of the ways we do this is by driving strategic acquisitions,\u201d\u00a0<strong>said David Eun, President of Samsung\u2019s Global Innovation Center.<\/strong> &#8220;Joyent is a great example of a leading and disruptive technology company that will make unique contributions to Samsung while benefitting from Samsung\u2019s global scale and reach.\u201d<\/p>\n<p><strong><u>About Samsung Electronics Co., Ltd.<\/u><\/strong><u><br \/>\n<\/u>Samsung Electronics Co., Ltd. inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, cameras, digital appliances, printers, medical equipment, network systems, and semiconductor and LED solutions. For the latest news, please visit the Samsung Newsroom at <a href=\"http:\/\/news.samsung.com\/global\/\">news.samsung.com<\/a><\/p>\n<p><strong><u>About Samsung\u2019s Global Innovation Center <\/u><\/strong><u><br \/>\n<\/u>Samsung\u2019s Global Innovation Center brings software and services innovation to Samsung by working with technology startups and entrepreneurs through investments, acquisitions, partnerships, SmartThings and the Samsung Accelerator.<\/p>\n<p><strong><u>About Joyent, Inc.<\/u><\/strong><br \/>\nJoyent is the high-performance container-native infrastructure company. Joyent\u2019s 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. Joyent\u2019s Manta solution provides robust, scalable and portable object storage, with integrated server-less computing. Triton and Manta are available for on-premises deployments or through Joyent Public Cloud. Joyent is also the original corporate steward of the open source project Node.js. For more information visit <a href=\"http:\/\/joyent.com\" target=\"_blank\">joyent.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEOUL, Korea \u2013 June 15, 2016 \u2014 Samsung Electronics Co., Ltd. today announced that it has agreed to acquire Joyent, Inc., a leading public and private cloud provider. With Joyent\u2019s superior cloud technology, Samsung will now have access to its own cloud platform capable of supporting its growing lineup of mobile, Internet of Things (IoT) [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":8847,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17550,29718,17555],"tags":[912,746],"blue-badge":[],"class_list":["post-8812","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-product-emerging-technology","category-product","category-smart-home-samsung-innovation","tag-acquisition","tag-internet-of-things-iot"],"acf":{"turn_off_retargeting":false},"fimg_mobile_url":"https:\/\/img.us.news.samsung.com\/us\/wp-content\/uploads\/2016\/06\/14182311\/Joyent-Logo2.png","fimg_url":"https:\/\/img.us.news.samsung.com\/us\/wp-content\/uploads\/2016\/06\/14182311\/Joyent-Logo2.png","primary_category":{"term_id":17550,"name":"Emerging Technology","slug":"product-emerging-technology","term_group":0,"term_taxonomy_id":17550,"taxonomy":"category","description":"","parent":29718,"count":307,"filter":"raw","term_link":"https:\/\/news.samsung.com\/us\/category\/product\/product-emerging-technology\/","term_path":"product\/product-emerging-technology"},"badge":false,"_links":{"self":[{"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/posts\/8812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/comments?post=8812"}],"version-history":[{"count":0,"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/posts\/8812\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/media\/8847"}],"wp:attachment":[{"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/media?parent=8812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/categories?post=8812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/tags?post=8812"},{"taxonomy":"blue-badge","embeddable":true,"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/blue-badge?post=8812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}