Samsung acquires Joyent, enters cloud storage war

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Joyent_Cloud_Samsung

South Korean Samsung recently acquired the Joyent and this purchase will not please Google in any way. Since the Mountain View giant makes a good portion of its money by providing cloud storage services to businesses and home users. With the entry of Samsung, the market share will be shared.

At the moment, when cloud Professional speaking is Amazon Web Services, Microsoft Azure and Google Cloud Platform. In practice these 3 companies lead an overwhelming percentage in choosing infrastructure for providing cloud services. These three companies are strong enough, otherwise we could say without emotion that it would be a monopoly, but we can already see that the market will undergo a transformation in the near future.

Joyent, unknown to many, better known to those working in the business world, Joyent has a portfolio of bespoke solutions for building and deploying cloud applications. And from now on, Samsung will use Joyent to enter this war of giants, thus competing with Google, Microsoft and Amazon.

The purchase price was not specified, but the South Koreans reported that Joyent will continue to function as an independent entity after the purchase process. The only thing that will change is the financial part of Joyent, after Samsung invests a significant amount of money in servers for cloud services, so that it gains the ability to become more competitive and succeed in the market.

Until today, we only lacked one thing. You lacked the scale necessary to compete in a very large market, which is growing rapidly and very competitive, computational cloud services, for now this will change. - Scott Hammond, CEO of Joyent

As we said above, things will change in the near future, in the words of Joyent CEO, we can see that they will have a great impact in the future thanks to the great investment that Samsung will make.

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