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12 Recent Networking Industry Acquisitions To Keep An Eye On

By Chad Berndtson CRN
4:00 PM ET Tue. Apr. 19, 2011
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Verizon And Terremark

Another whopper with far-reaching implications: Verizon's $1.4 billion pickup of cloud service provider Terremark Worldwide, completed in mid-April. To hear Verizon tell it, the communications giant will leverage Terremark to grow its cloud computing strategy and fatten up its vision of everything-as-a-service to businesses and government customers. Integrated Verizon-Terremark cloud solutions are expected to hit the market in 2012, according to the companies.

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