Posted 12/09/2013 at 1:31 PM
Posted 3 years ago
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.”