Joyent
- On Thursday, Joyent, which was acquired by Samsung almost exactly three years ago, announced it’s discontinuing its public cloud platform.
- Its public cloud competed with Amazon Web Services, Microsoft, and Google Cloud.
- Joyent will instead focus on its private cloud business, and it will help its current public cloud customers transition to new clouds in the coming months.
- Visit Business Insider’s homepage for more stories.
Joyent, a cloud company that was acquired by Samsung three years ago, announced Thursday that it’s discontinuing its public cloud offering, which competed with the likes of Amazon Web Services, Microsoft and Google Cloud.
Like the leading AWS, Joyent allowed developers to rent computing capacity from its data centers on a pay-as-you-go basis. Starting in November, Joyent will discontinue its public cloud and instead focus its resources elsewhere.
"To all of our public cloud customers, we will work closely with you over the coming five months to help you transition your applications and infrastructure as seamlessly as possible to their new home," Steve Tuck, president and COO of Joyent, said in a blog post.
Instead of competing head-to-head with Amazon Web Services, Joyent will now focus its energies elsewhere — specifically, on so-called "single-tenant" cloud services, where it provides a dedicated chunk of computing infrastructure to one customer and one customer only. Samsung is one such user of those services, it says. Joyent will also continue to provide cloud software for customers’ own data centers and servers.
Read more: Samsung just bought an Amazon cloud competitor backed by Peter Thiel and Intel
Back in 2016, Samsung acquired Joyent for $125 million, taking one of the few independent competitors to Amazon Web Services and the other leading cloud giants off the market. Joyent was backed by Peter Thiel, Intel Capital, and others.
The company was an early proponent of software container technology, which has since been popularized by the $1.3 billion startup Docker and the open source cloud project Kubernetes.
See Also:
- NASCAR is moving 57 years of car racing footage to Amazon’s cloud, and says AI will help spin out new shows without thousands of hours of manual tagging
- Top execs at longtime rivals Microsoft and Oracle explain why they just came out of nowhere with a new cloud partnership: ‘This is the start of a beautiful friendship’
- Everything you need to know about hybrid cloud, the $63 billion market that even Amazon is embracing after years of shunning it
Source: Business Insider – rmchan@businessinsider.com (Rosalie Chan)