Company Insight

Verizon Ups its Stake in the Cloud with Terremark Acquisition

Author: Subha Rama, Senior Analyst, Enterprise Communications and Mobility

Published: 01 Feb 2011

Verizon, one of the first to offer infrastructure as a service (IaaS), makes a key acquisition in this space. Terremark’s expert capabilities in IaaS and data center management will create invaluable synergies in the cloud computing and hosting services markets.

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