Samsung Electronics announced today that it has agreed to acquire cloud-computing company Joyent. In a statement, the Korean tech giant said that the transaction (its financial terms were undisclosed) will allow it to grow its cloud-based services for its smartphones and Internet-connected devices.
Joyent will become part of Samsung’s mobile communications unit, but continue to operate as a standalone company after the deal is finalized. Key members of its tech team, including CEO Scott Hammond, CTO Bryan Cantrill, and VP of product, Bill Fine, will work on Samsung’s cloud projects.
