The acquisition of Caiyun Technology will further strengthen Bytedance’s container technology.
Wen | Rui Chu
Edit | Ru Qing
learned that ByteDance will complete the container platform in the near future. A wholly-owned acquisition of Caicloud. Zhang Xin, CEO of Caiyun Technology, stated in the company’s full letter on July 30 that after the completion of the acquisition, Caiyun Technology’s team and business will be fully integrated into ByteDance Volcano Engine.
Caiyun Technology was established in 2015 to provide enterprises with container cloud platforms andAI middle-stage services. At the beginning of its establishment, Caiyun Technology mainly provided PaaS services of the Docker+Kubernetes management platform, and later developed into three major products, namely the intelligent container cloud platform Caicloud Compass, the AI middle platform Caicloud Clever, and end-to-end intelligent solutions. Its business model is mainly based on cloud and AI as its two main starting points, providing customers with products and services based on container architecture in the form of private cloud and hybrid cloud, helping enterprises to achieve agile digital transformation and intelligent upgrade. Caiyun Technology currently serves nearly a hundred large enterprises, such as China UnionPay, China Merchants Bank, and Haier.
Volcano Engine is an enterprise-level intelligent technology service platform launched by Bytedance in June this year. It commercializes and serves the technical capabilities accumulated by Bytedance, and is open to corporate customers. It is a Bytedance enterprise. Another action in the service area. Currently, Volcano Engine provides enterprise customers with four types of products: intelligent applications, visual intelligence, data intelligence and multimedia technology, as well as a series of short videos, video interactions, large screen interactions, teaching interactions, and image acceleration. The solution has served Hupu, JD Live, Skyworth, OPPO and other companies and products.
Xiao Mo, head of ByteDance Volcano Engine, said: “As the earliest container technology and product promoter in China, Caiyun Technology has accumulated profound expertise in container technology. ByteDance has been actively embracing cloud native architecture at the infrastructure level. He is a heavy user of container technology. The acquisition of Caiyun will further strengthen byte-beating container technology.”
It is reported that after the completion of the acquisition, Zhang Xin will be the head of the cloud native business of ByteDance Volcano Engine and will continue to be responsible for the planning and implementation of related product strategies, and solution innovation.
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