Verizon (VZ) Makes Bolder Move into Cloud with New Acquisition
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Verizon Communications Inc. (NYSE: VZ), has acquired CloudSwitch, a provider of cloud software technology, in a deal that will simplify the move to the enterprise cloud and help to boost industry adoption.
Terms of the deal were not disclosed.
Verizon plans to combine CloudSwitch with its Terremark IT services subsidiary, further accelerating the company's global cloud strategy by enhancing Verizon's hybrid-cloud and cloud-to-cloud capabilities.
Terms of the deal were not disclosed.
Verizon plans to combine CloudSwitch with its Terremark IT services subsidiary, further accelerating the company's global cloud strategy by enhancing Verizon's hybrid-cloud and cloud-to-cloud capabilities.
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