Samsung Buys Joyent To Push Towards Cloud Services

Business / Tech

Samsung is getting ready to ramp up its cloud services and software by purchasing U.S. based Joyent, a cloud services company. The Wall Street Journal reports that Samsung’s new strategy will encompass its mobile devices with new software and services. While the WSJ is reporting on this before us, we have been talking to our own sources within the company over the past weeks and those conversations align with the WSJ report here. Our sources have also suggested that Samsung may be making efforts to distance itself from Google and Android again with its own Tizen OS. This has been rumored in the past and our source indicates it’s an up in the air proposal and will likely be re-visited once Samsung establishes its cloud services and software.

“We’ve traditionally been more focused on hardware, but you’re going to see more focus on software and services,” Mr. Rhee said.

“Big data is going to be a huge initiative for Samsung,” Mr. Rhee said. “Samsung devices will be increasingly intelligent, and big data is really a key component of intelligence and personalization.”

“Samsung brings us the scale we need to grow our cloud and software business,” said Scott Hammond, CEO of Joyent, in a statement.

Samsung has climbed the ladder to compete with the likes of Apple in the smartphone space and now it’s making a run at Google to see if it can turn its millions of device owners into Samsung services users. The purchase of Joyent certainly points to a move to cloud services and software but the Tizen move is speculative and we’ll make sure we try and dig for more solid information.

What do you think of Samsung buying Joyent? Do you think they’ll succeed with software and cloud services? Would you buy into it? Let us know your thoughts and comments below or hit us up on Twitter, Facebook and Google+.

  Source: WSJ
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