{"id":23300,"date":"2016-06-16T09:15:40","date_gmt":"2016-06-16T09:15:40","guid":{"rendered":"http:\/\/www.cloudcomputing-news.net\/news\/2016\/jun\/16\/samsung-acquires-joyent-greater-cloud-push-after-finding-synergies\/"},"modified":"2016-06-16T09:15:40","modified_gmt":"2016-06-16T09:15:40","slug":"samsung-acquires-joyent-in-greater-cloud-push-after-finding-synergies","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/samsung-acquires-joyent-in-greater-cloud-push-after-finding-synergies\/","title":{"rendered":"Samsung acquires Joyent in greater cloud push after finding synergies"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.cloudcomputing-news.net\/media\/img\/news\/iStock_samsung6347.jpg\"><\/p>\n<p><em>(c)iStock.com\/KreangchaiRungfamai<\/em><\/p>\n<p>Samsung has agreed to acquire California-based cloud provider Joyent, adding another cloud platform to the Korean giant&rsquo;s ever-increasing portfolio of mobile, cloud and IoT services.<\/p>\n<p>The move came after Samsung assessed a &ldquo;wide range of potential companies in the public and private cloud infrastructure space&rdquo;, and saw Joyent as the standout with an &ldquo;experienced management team with deep domain expertise and a robust cloud technology,&rdquo; according to Samsung mobile communications CTO Injong Rhee.<\/p>\n<p>From Joyent&rsquo;s perspective, CEO Scott Hammond and CTO Bryan Cantrill both chipped in with their reasons for the deal. &ldquo;Until today, we lacked one thing,&rdquo; Hammond wrote <a href=\"https:\/\/www.joyent.com\/blog\/samsung-acquires-joyent\">in a blog post<\/a>. &ldquo;We lacked the scale required to compete effectively in the large, rapidly growing and fiercely competitive cloud computing market. Now that changes.&rdquo; Naturally, Cantrill looked at the news from more of a technologist&rsquo;s perspective. &ldquo;As our engineering teams got to know one another, we found that beneath the exciting vision was a foundation of shared values: we both cared deeply about not only innovation but also robustness &ndash; and that we both valued complete understanding when systems misbehaved,&rdquo; Cantrill wrote.<\/p>\n<p>&ldquo;The more we got to know one another, the clearer it became that together we could summon a level of scale, agility and innovation that would be greater than the sum of our parts &ndash; that together, our technology could create a new titan of container-native computing,&rdquo; he added.<\/p>\n<p>Like a lot of these deals, the original intent was not acquisition; Samsung had previously examined Manta, Joyent&rsquo;s object storage system, for implementation but, as Cantrill noted, Joyent had never seen a request at such scale. When Joyent went back to Samsung and explained they did not have sufficient hardware to perform the requested test, Samsung provided it &ndash; and the rest, it appears, was history.<\/p>\n<p>&ldquo;We 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,&rdquo; said David Eun, Samsung global innovation centre president. &ldquo;Joyent is a great example of a leading and disruptive technology company that will make unique contributions to Samsung while benefitting from Samsung&rsquo;s global scale and reach.&rdquo;<\/p>\n<p>Joyent will continue as a standalone brand after the acquisition, while financial terms of the deal were not disclosed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(c)iStock.com\/KreangchaiRungfamai<br \/>\nSamsung has agreed to acquire California-based cloud provider Joyent, adding another cloud platform to the Korean giant&rsquo;s ever-increasing portfolio of mobile, cloud and IoT services.<br \/>\nThe move came after Samsung a&#8230;<\/p>\n","protected":false},"author":50,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-23300","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/23300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=23300"}],"version-history":[{"count":1,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/23300\/revisions"}],"predecessor-version":[{"id":23301,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/23300\/revisions\/23301"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=23300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=23300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=23300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}