Verizon Acquires CloudSwitch
Verizon announced today that is has acquired CloudSwitch in a deal that will simplify the movement toward enterprise cloud and boost industry adoption. Terms of the deal have not been released.
Verizon plans to combine CloudSwitch with its Terremark IT services subsidiary in hopes to further accelerate the company’s global cloud strategy. These changes will enhance Verizon’s hybrid-cloud and cloud-to-cloud capabilities.
According to Verizon, CloudSwitch contributes breakthrough software enabling enterprises to easily and securely move applications and workloads between company data centers and the cloud without changing the application or infrastructure layer. This eliminates a key barrier in widespread cloud adoption.
John McEleney, chief executive officer of CloudSwitch, said: “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. 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.”
This technology allows flexibility and greater control in cloud movement while extending security over applications and data. Combining CloudSwitch’s technology and Terremark’s IT and security capabilities will further enable total enterprise-class cloud solutions across the globe.
“The cloud market is a rapidly growing opportunity, with very real benefits both for our business customers and the consumers they serve,” said Bob Toohey, president of Verizon’s global enterprise unit. “With the acquisition of CloudSwitch, Verizon has taken another step forward in defining the enterprise cloud.”
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