15 Jun Samsung Acquires Joyent
June 15, 2016
by Scott Hammond, Joyent CEO
Since its inception, just over ten years ago, Joyent has lived on the leading edge of technical innovation. The Joyent team pioneered public cloud computing (and hybrid cloud), nurtured and grew Node.js into a de facto standard for web, mobile and IoT architectures, and was among the first to embrace and industrialize containers, compute-centric object storage, and what is now coming to be known as serverless computing. Based upon this foundation, and our industry leading products and services, including Triton, Joyent’s containers as a service solution, and Manta, our robust and scalable object storage solution, Joyent is now poised to deliver ten more years of innovation and to continue to be a leader in the evolution of cloud computing.
But, until today, we lacked one thing. We lacked the scale required to compete effectively in the large, rapidly growing and fiercely competitive cloud computing market. Now, that changes. We are happy to announce that Joyent is adding the scale we need: Samsung is acquiring Joyent. As a result of this acquisition, Samsung will become an anchor tenant for Joyent’s Triton and Manta solutions, and will help fuel the growth of our team and the expansion of our worldwide data center footprint.
This acquisition, though, is about more than just adding financial muscle and scale. Joyent and Samsung share a culture of innovation and technical excellence, and bring together a set of highly complementary cloud, big data, mobile and IoT technologies. By bringing these two companies together we are creating the opportunity to develop and bring to market vertically integrated mobile and IoT services and solutions that deliver extraordinary simplicity and value to our customers. This will accelerate the speed of innovation for both companies in high growth market segments.
For our existing public cloud and private data center customers, adding scale, financial muscle, and Samsung as both a partner for innovation and as a large anchor tenant customer for Triton and Manta, will pay big dividends. Our Triton business is doubling every quarter and our Manta solution is the foundation for many of our customers’ most strategic applications. We understand that our customers count on us to deliver a container-native platform that lets them innovate faster, and scales with their needs. As an independent subsidiary of Samsung, we will continue to invest heavily in supporting our existing customers, and in continuing the fast paced growth of our business. It is the valuable relationships we have with our customers and partners that helped us get here, and these relationships will continue to be a key part of our success as we move forward.
I’m proud to be a “Joyeur,” and I’m excited to now be part of the long tradition of excellence and innovation that defines the Samsung culture. I can’t wait to see what we accomplish together!