Telefonica Invests in Cloud Computing Firm Joyent

Joyent has rasied $85 million from Spanish phone company Telefonica's Telefónica Digital division. $85 million investment


Joyent provides infrastructure for customers such as LinkedIn, THQ, Gilt Groupe and Kabam. Within the cloud computing business, Joyent provides "infrastructure as a service," namely access to computing and storage resources on a rental basis. 


With the new partnership, Joyent will be able to bring its services to more countries thanks to Telefónica data centers throughout Europe and Latin America.
1 comment

Popular posts from this blog

Spectrum Fees, High Incremental Capex, Lower Value in Ecosystem Mean Historic Changes Might be Necessary

For Ting, Operating Costs are Key to Business Model

Lower FTTH Costs Improve the Business Model, But How Much?