Joyent Acquires TextDrive
Combines recognized innovators in Web 2.0 team collaboration software and
advanced hosting services to lead the industry shift to network-based
SAN ANSELMO, Calif., Nov. 28 /PRNewswire/ -- Joyent, a provider of web-based team collaboration software, has acquired TextDrive, an advanced application hosting solutions provider. The combination creates a company poised to lead the market in the shift to network-based applications. "Joyent's innovative, network-based collaboration software combined with TextDrive's proven expertise in building high performance hosted solutions, creates a company delivering compelling network-based applications over a 100% reliable and scalable infrastructure," said David Young, CEO of Joyent. "Joyent's combined software and hosting capabilities now deliver a complete network-based application and infrastructure platform to our ISP, VAR, developer, and end-user customers." "We are thrilled with this strategic combination, a perfect fit that forges a company with the talent to deliver our customers elegant and powerful network-based applications," said Dean Allen, former CEO of TextDrive and now President and Director of Joyent Europe. "We look forward to dazzling Joyent customers with TextDrive's unparalleled hosting services." Joyent is committed to supporting all existing TextDrive products and customers. David Young states, "We value the customers and loyal community that TextDrive has fostered and intend to continue the superb customer support and service that is the legacy of TextDrive." ABOUT JOYENT: Joyent developed the Team Computer(TM) concept in 2004. Focusing on user interface and simplicity, Joyent uses innovative web technologies and existing open source software components to deliver an innovative Team Computer(TM) platform that enables teams to effectively communicate and collaborate with email, calendaring, contacts, file sharing, and other shared applications. The Joyent Connector software is available either as a pre-configured server appliance for deployment on-site, or as a hosted solution delivered through a web browser. The appliance is bundled with a service that automatically backs up data, monitors the hardware, and updates software. Joyent will be launching several tiers of its hosted service in January 2006. ABOUT TEXTDRIVE: Born out of a desire to run the best possible servers for those who publish on the web, TextDrive is a hosting and infrastructure provider with a focus on quality, performance, security and 100% availability. TextDrive uses on-demand, clustered computers to give its customers maximum flexibility. TextDrive was formed by a unique coming together of open source developers and enterprise system administrators, and is the infrastructure behind projects like Textpattern, WordPress, Ping-o-Matic, RubyOnRails and TurboGears.
SOURCE Joyent, Inc.
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