Joyent Inc, a United States cloud services company, is being acquired by Samsung Electronics. The worthy acquisition is part of Samsung’s plan to expand its services for smart devices and the Internet of Things.
Joyent was founded under the name of TextDrive in 2004. The company would become known under its current title after a business merger which was finalized in November 2005.
In 2009 Joyent acquired Reasonably Smart along with their cloud technology and engineers. In 2010, the company also purchased LayerBoom, which provided virtual machine management solutions.
Based on the acquisition’s contract, Joyent will continue to operate under the same name. As a subsidiary to Samsung, it will continue to be a standalone entity, and it will carry on with its current client list and provision of cloud infrastructure and software services.
A Samsung official representative spoke out and stated that the company’s plans required access to a stable cloud platform. Joyent’s acquisition will be supporting Samsung’s services for cloud-based software, mobile, and the Internet of Things.
Samsung had been evaluating numerous public and private cloud infrastructure providers before selecting Joyent as their final top pick.
According to Samsung, Joyent proved to have “an experienced management team, with deep domain expertise and a robust cloud technology, validated by some of the largest Fortune 500 customers.” One of Joyent’s most well-known clients is Dell.
As a standalone subsidiary under Samsung, Joyent is believed quickly to become an apt and able competitor in the cloud-computing market against famous names like Google, Amazon Web Services, and Microsoft Azure.
Samsung wants to use Joyent’s Triton and Joyent’s Manta as a resilient and versatile server-side foundation for applications which will be part of their upcoming generation of mobile and the Internet of Things.
Several analysts believe that Samsung intends to utilize the processing power of cloud computing for an alternative purpose – smart device innovations in the fields of artificial intelligence and virtual reality. Official definitive evidence in this sense has yet to be found, however.
Joyent’s Triton is a container-as-a-service platform. Joyent’s Manta is the technology which the cloud services company is using for its object storage.
Samsung’s expansion into the Internet of Things market has been ongoing for several years. The South Korean company is patiently taking its time in developing and enhancing current services. They are prioritizing quality, support, and reliability. In contrast, similar acquisitions of other companies are more inclined towards trends and future services.
Will Samsung use Joyent’s robust cloud technology to consolidate the present or innovate the future? Time will tell, but until then let us know your opinion.