Joyent sells hosting services that enable customers to run their software in the cloud, not unlike those offered by Amazon Web Services or Microsoft Azure, and also helps companies build their own cloud-style systems in their own data centers. It has also boasted marquee clients such as Adobe and European telco giant Telefónica. But it’s perhaps best known for incubating a software development platform called Node.js, which is now one of the most popular programming tools on the planet.
The acquisition is part of Samsung’s efforts to become more than just a device manufacturer. Smartphone sales are stagnating, and Samsung is under increased pressure from budget-minded rivals like Xiaomi. That means that Samsung can’t just focus on hardware anymore, so it’s now expanding its software and services ambitions through offerings such as Samsung Pay, itself based on last year’s acquisition of LoopPay. Joyent will operate as an independent subsidiary within Samsung, which in turn will become an “anchor tenant” of the service, giving Samsung its own cloud infrastructure to run those new services.
“As Samsung is increasingly focusing on software and services as part of its offering to users, it’s very important to build out our internal capabilities in cloud, not only in infrastructure but also in great talent,” says Jacopo Lenzi, a senior vice president at Samsung’s Global Innovation Center. “In Joyent we saw a combination of a proven platform that has been a leader in the forward-thinking elements of this space as well as a team that is world class.” Terms of the sale were not disclosed.
Read More@ http://www.wired.com/2016/06/samsung-snaps-best-kept-secret-cloud-computing/
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