#Samsung is pumping up its cloud-based capabilities with the acquisition of San Francisco-based #Joyent for an undisclosed amount.
Information Week reports that Joyent’s private and public cloud computing services will support the South Korean electronics giant’s Internet of Things ( #IoT ), mobile and cloud-based lines of business.
“Samsung 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,” said Samsung Electronics CTO of Mobile Communications Injong Rhee in a press statement. “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,”
http://readwrite.com/2016/06/22/samsung-buys-sf-based-joyent-push-deeper-cloud-pl4/
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