Verizon Acquires CloudSwitch To Beef Up Terremark Enterprise Cloud
Verizon (previous CloudAve coverage) yesterday announced that they are acquiring CloudSwitch (previous CloudAve coverage), the Burlington based company founded in 2008 to make life easy for enterprises to extend their datacenter into the cloud, for an undisclosed sum. With this move, Verizon has made it even more clear that they are serious about the enterprise [...]
Why Verizon’s Acquisition Of Terremark Is Not Exciting
Yesterday, Verizon announced that they are acquiring the cloud provider Terremark for $1.4 Billion According to Datacenter Knowledge, Verizon will acquire colocation and cloud hosting provider Terremark for $1.4 billion in a deal that will accelerate the telecom provider’s push into cloud computing. Verizon will pay $19.00 in cash for each share of Terremark, about [...]
