Verizon And EdgeCast Nearing Deal Valued At Over $350 Million

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Posted 3 years ago

HR

Verizon And EdgeCast Nearing Deal Valued At Over $350 Million Verizon’s new acquisition will be EdgeCast. Verizon and EdgeCast are nearing a deal that is being valued at more than $350 million US.

EdgeCast is a content delivery network.

The president of Verizon Digital Media Services, Bob Toohey, on Monday said the following: “The combination of EdgeCast and Verizon Digital Media Servicescontent delivery network will allow us to fully exploit and accelerate growth in Internet media consumption and online business performance.”

Rich Casale

HR

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