June 15, 2016

Samsung to Buy Joyent

Jonathan Cheng, reporting for the WSJ:

Samsung’s acquisition of San Francisco-based Joyent signals the South Korean technology giant’s burgeoning interest in “big data,” part of a broader effort to use powerful remote computers to bolster its data analysis and the computing capabilities of its devices.

Samsung said in a statement it will integrate Joyent into its mobile division, though the 11-year-old company will retain both the Joyent name and its top management, and operate at an arm’s length from its new parent company

Source: http://www.wsj.com/article_email/samsung-to-buy-u-s-cloud-services-firm-1466046014-lMyQjAxMTI2NDE0NjcxMzYwWj