View press release in a new page (PDF 60 KB) - Telefonica
View press release in a new page (PDF 60 KB) - Telefonica
View press release in a new page (PDF 60 KB) - Telefonica
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TELEFÓNICA BOOSTS CLOUD CAPABILITIES WITH STRATEGIC<br />
INVESTMENT IN JOYENT, INC.<br />
• Telefónica Digital through its venture capital arm jo<strong>in</strong>s other lead<strong>in</strong>g companies and VCs<br />
<strong>in</strong>clud<strong>in</strong>g Greycroft Partners and Intel Capital<br />
• This <strong>in</strong>vestment round was led by major European fund Weather Investment II Group,<br />
who gathered other strategic and f<strong>in</strong>ancial <strong>in</strong>vestors to expand Joyent’s global scale<br />
LONDON and SAN FRANCISCO, January 23, 2012– Telefónica today announced that it has<br />
signed a strategic partnership with Joyent, a leader <strong>in</strong> cloud services and technologies. The<br />
partnership sees Telefónica mak<strong>in</strong>g a strategic equity <strong>in</strong>vestment <strong>in</strong> Joyent that, <strong>in</strong> turn, gives it<br />
access to the latest Joyent technologies and software for the deployment of high performance<br />
and cost efficient cloud services.<br />
Cloud-based services are a key focus area for Telefónica’s <strong>new</strong> Digital unit, and Joyent’s<br />
technology expertise will help Telefónica enhance its product offer<strong>in</strong>g, particularly for Small and<br />
Medium Enterprises (SMEs) and Small Office Home Office (SoHo) customers. The partnership<br />
comb<strong>in</strong>es Telefónica’s global scale and <strong>in</strong>frastructure with the cloud architecture developed by<br />
Joyent.<br />
Unlike other cloud technology providers, Joyent has developed its entire cloud software stack<br />
from scratch, result<strong>in</strong>g <strong>in</strong> significant cost reduction and efficiency, an easy to operate architecture<br />
and exceptional operational performance. The company has proven experience <strong>in</strong> def<strong>in</strong><strong>in</strong>g,<br />
exploit<strong>in</strong>g, commercialis<strong>in</strong>g and operat<strong>in</strong>g a cloud bus<strong>in</strong>ess with over 12,000 public cloud<br />
customers <strong>in</strong> the US.<br />
“This <strong>in</strong>vestment is further proof of our ambition <strong>in</strong> the area of cloud services and our strategy of<br />
work<strong>in</strong>g with the most <strong>in</strong>novative start-ups,” said Matthew Key, Chairman & CEO, Telefónica<br />
Digital. “Joyent’s technology fits perfectly with our <strong>in</strong>-house developed technologies and our cloud<br />
services model and enables us to provide more competitive offer<strong>in</strong>gs to a broader range of<br />
customer segments.”<br />
“This strategic partnership and fund<strong>in</strong>g will enable us to expand our product offer<strong>in</strong>g to more<br />
regions and to evolve our products, tak<strong>in</strong>g advantage of the service provider vision brought by<br />
<strong>Telefonica</strong>” said David Young, founder and CEO of Joyent.<br />
Tracy Isacke led the <strong>in</strong>vestment <strong>in</strong> Joyent for Telefónica Ventures, a division of Telefónica Digital,<br />
with offices <strong>in</strong> Silicon Valley, London, Madrid and Israel. This is the second <strong>in</strong>vestment s<strong>in</strong>ce<br />
<strong>Telefonica</strong> Digital was created <strong>in</strong> September 2011.<br />
Telefónica Digital has been formed to lead Telefónica’s growth strategy <strong>in</strong> the <strong>new</strong> digital world.<br />
Through a comb<strong>in</strong>ation of research and development, partnership, <strong>in</strong>vestment and acquisition it<br />
will br<strong>in</strong>g <strong>in</strong>novative products and services to market that allow it to drive cont<strong>in</strong>ued growth <strong>in</strong> the<br />
core telecommunications market, as well as tak<strong>in</strong>g a lead<strong>in</strong>g role <strong>in</strong> <strong>new</strong> digital services such as<br />
enterta<strong>in</strong>ment, f<strong>in</strong>ancial services, M2M, cloud comput<strong>in</strong>g and eHealth.<br />
[Ends]<br />
Company Name<br />
Telefónica Digital Limited<br />
2<strong>60</strong> Bath Road<br />
Slough SL1 4DX, UK<br />
T +44 113 272 2000<br />
www.telefonica.com
About Telefónica Digital<br />
Telefónica Digital is a global bus<strong>in</strong>ess division of Telefónica. Its mission is to seize the<br />
opportunities with<strong>in</strong> the digital world and deliver <strong>new</strong> growth for Telefónica through research &<br />
development, venture capital, global partnerships and digital services such as cloud comput<strong>in</strong>g,<br />
mobile advertis<strong>in</strong>g, M2M and eHealth. Telefónica Digital will deliver these <strong>in</strong>novative products and<br />
services to Telefónica’s 300 million customers as well as leverag<strong>in</strong>g the power of the <strong>in</strong>ternet to<br />
enter <strong>new</strong> markets. It is headquartered <strong>in</strong> London with regional centres <strong>in</strong> Silicon Valley, Sao Paolo,<br />
Spa<strong>in</strong> and Tel Aviv. Jajah, Terra, Tuenti and giffgaff are all part of the Telefónica Digital group of<br />
companies.<br />
For further <strong>in</strong>formation, please contact:<br />
Nick Wilk<strong>in</strong>s<br />
Telefónica Press Office<br />
Telefónica Digital Tel: +34 91 482 38 00<br />
Tel: +44 7712 020937<br />
Email: prensa@telefonica.es<br />
Email: nick.wilk<strong>in</strong>s@o2.com<br />
About Joyent, Inc.<br />
Joyent is a global cloud comput<strong>in</strong>g and systems software provider that offers an <strong>in</strong>tegrated<br />
technology suite designed for enterprises and developers. JoyentCloud.com delivers public cloud<br />
services to some of the most <strong>in</strong>novative companies <strong>in</strong> the world, <strong>in</strong>clud<strong>in</strong>g L<strong>in</strong>kedIn, Gilt Groupe<br />
and Kabam. Node.js, the open source server-side JavaScript project owned and stewarded by<br />
Joyent, provides developers and enterprises such as Microsoft with the most powerful runtime for<br />
develop<strong>in</strong>g data-<strong>in</strong>tensive, real-time apps. Joyent is also the key contributor to and sponsor of<br />
Joyent SmartOS, an open source project dedicated to the complete, modern operat<strong>in</strong>g system.<br />
SmartDataCenter orchestrates Joyent’s technologies <strong>in</strong>to a cohesive, reliable and distributed<br />
system that can stand up to the compute demands of the modern world. A global ecosystem of<br />
lead<strong>in</strong>g technology partners assists Joyent <strong>in</strong> enabl<strong>in</strong>g customers to leverage the performance,<br />
scalability, reliability and security <strong>in</strong>herent <strong>in</strong> the company’s cloud solutions. For more<br />
<strong>in</strong>formation, visit http://www.joyent.com<br />
Joyent Media Contact:<br />
Scott VanSickle<br />
Hoffman PR<br />
Scott@hoffman.com