Last week #Samsung announced that it was acquiring #Joyent, a San Francisco-based cloud provider.
Even though the analysts declared that the public cloud market consolidation is over, this deal proves that there is still scope for M&A in the infrastructure segment. Interestingly, Joyent is not bought by a competitor or an enterprise infrastructure player looking at strengthening its position. Instead, the acquisition offer came from an unusual entity, which is the leader in the consumer electronics market.
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