TheOpenAnalyst

Joyent today announced it has agreed to acquire Reasonably Smart, a fledgling cloud startup based on JavaScript and Git, for an undisclosed amount. While on the surface it might look like simple industry consolidation, Reasonably Smart’s technology will in fact help Joyent compete with emerging service-centric clouds while retaining an open model that makes developers comfortable.

You might think the deal is just cloud roll-up: Reasonably Smart was a very small startup. David Young, Joyent’s CEO, said the company–whose backers include PayPal co-founder Peter Thiel– is in “a strong financial position that supports making strategic acquisitions.” Dig a bit deeper, however, and the deal is more than just a roll-up. Joyent gets an open platform with which to attract developers while preparing the company for the looming threat of Google and Microsoft.

Joyent Buys Reasonably Smart to Create Open-source Cloud | GigaOM

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