Samsung Electronics is acquiring U.S. cloud services company Joyent as it builds its services business around mobile devices and the Internet of Things. The financial details of the transaction were not disclosed. Joyent will operate as a standalone subsidiary under the new dispensation and continue providing cloud infrastructure and software services to its customers. Samsung said Thursday the acquisition would give the smartphone maker access to its own cloud platform to support it in the areas of mobile, IoT and cloud-based software and services. The South Korean company said it had evaluated a number of providers of public and private cloud infrastructure but zeroed in on Joyent in San Francisco as it saw "an experienced management team with deep domain expertise and a robust cloud technology validated by some of the largest Fortune 500 customers."
A recent digital attack on the control systems of an industrial plant has renewed concerns about the threat hacking poses to critical infrastructure. And while security researchers offered some analysis last month of the malware used in the attack, called Triton or Trisis, newly revealed details of how it works expose just how vulnerable industrial plants--and their failsafe mechanisms--could be to manipulation.
Aston Martin, the company behind James Bond's whip, has partnered with Triton Submarines on a submersible concept called "Project Neptune" for incredibly well-heeled folks. It's the first design from Aston Martin Consulting, recently formed to design and market things to oil barons and Silicon Valley types with nothing else to spend their cash on. The platform is based on Triton's 1650/3 LP (low-profile) sub, but Aston Martin says it will be a "strictly-limited edition vehicle." The 1650/3 LP three-place vehicle is described as a "super-yacht" sub, which is apparently all the rage among the ultra-wealthy. And marketing images show supermodels using the remote arm to grasp an underwater bottle of champagne.
Australia will buy six U.S. Triton remotely piloted aircraft to beef up its maritime patrols, with the initial investment of A$1.4 billion ($1 billion) for the first drone, Prime Minister Malcolm Turnbull said on Tuesday. The government said the Triton drones, made by Northrop Grumman Corp, would be used alongside P-8A Poseidon aircraft for long range operations and intelligence gathering, and would improve anti-submarine warfare and marine strike capability. "This investment will protect our borders and make our region more secure," Turnbull and Australia's defence ministers said in a joint statement. The total cost for the six drones, including facilities upgrades and support, will be A$6.9 billion, a person familiar with the transaction said. Defence Industry Minister Christopher Pyne's office declined to comment on the total cost of the aircraft, which can fly for up to 24 hours and have sensors that can view the surrounding area over 2,000 nautical miles (3,700 kms).
The Internet of Things is as much about computing as it is about the "things" themselves, and that's why Samsung Electronics is buying Joyent. At first glance, a maker of smartphones, home appliances and wearables doesn't seem like it would need a cloud computing company. But so-called smart objects rely on a lot of number-crunching behind the scenes. A connected security camera can't handle all its video storage and image analysis by itself, for example, and that's where cloud services come in. The real money in IoT will be in the services more than the devices themselves, research firm Gartner says.