(The Hosting News) – Verizon just took a further step into cloud computing. Today, the telecommunications company revealed its purchase of cloud provider CloudSwitch.
CloudSwitch provides customers with cloud enterprise solutions, acting as a gateway for the popular storage platform. Commenting on the matter, Verizon President of the company’s global enterprise unit stated, “The cloud market is a rapidly growing opportunity, with very real benefits both for our business customers and the consumers they serve.”
“With the acquisition of CloudSwitch, Verizon has taken another step forward in defining the enterprise cloud,” he continued.
Now under Verizon, the company plans to integrate CloudSwitch with company subsidiary Terremark. Verizon acquired Terremark (which specializes in cloud) earlier this year in a deal that was worth $1.4 billion dollars.
Meanwhile, CloudSwitch CEO John McEleney expressed optimism concerning the deal, stating, “By joining Verizon, we will be able to deliver a solution that combines our software with the market-leading infrastructure cloud play. Our founding vision has always been to create a seamless and secure federation of cloud environments across enterprise data centers and global cloud services.”
McEleney continued by saying, “Together, we will be able to provide enterprises with an unmatched level of flexibility, scalability and control in the cloud with point-and-click simplicity. This will go a long way in helping achieve widespread adoption of the cloud, especially when managing complex workloads.”
How much the deal was worth wasn’t revealed. Recent years have seen large tech companies expanding or adding cloud services by acquiring cloud companies. Last month, Citrix bought Cloud.com, further expanding Citrix’s company portfolio. For more information on Verizon’s acquisition of CloudSwitch, visit: http://newscenter.verizon.com/press-releases/verizon/2011/verizon-acquires-cloudswitch.html