Joyent, a cloud company acquired by Samsung three years ago, announced Thursday that it would discontinue 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, it said in a blog post. "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, Joyent's president and chief operating officer, said in the post. Instead of competing head-to-head with Amazon Web Services, Joyent will 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 said. Joyent said it would 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 Samsung acquired Joyent for $125 million in 2016, taking one of the few independent competitors to Amazon Web Services and the other 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. Got a tip? Contact this reporter via email at rmchan@businessinsider.com, Telegram at @rosaliechan, or Twitter DM at @rosaliechan17. (PR pitches by email only, please.) Other types of secure messaging available upon request. You can also contact Business Insider securely via SecureDrop.
3 years after getting bought by Samsung, Joyent is giving up on competing with Amazon in the cloud-c
Joyent, a cloud company acquired by Samsung three years ago, announced Thursday that it would discontinue 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, it said in a blog post. "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, Joyent's president and chief operating officer, said in the post. Instead of competing head-to-head with Amazon Web Services, Joyent will 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 said. Joyent said it would 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 Samsung acquired Joyent for $125 million in 2016, taking one of the few independent competitors to Amazon Web Services and the other 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. Got a tip? Contact this reporter via email at rmchan@businessinsider.com, Telegram at @rosaliechan, or Twitter DM at @rosaliechan17. (PR pitches by email only, please.) Other types of secure messaging available upon request. You can also contact Business Insider securely via SecureDrop.
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