Verizon software becomes a big trend: Verizon buys cloud computing software start-ups

Source: Internet
Author: User
Keywords Acquisitions trends startups cloud computing software become

Verizon, the largest telecoms operator in the United States, will buy cloud computing software start-up company Http://www.aliyun.com/zixun/aggregation/13931.html ">cloudswitch," Gigaom reported. The amount of the acquisition is unknown.

Cloudswitch primarily provides services to easily migrate existing software to a variety of cloud computing platforms, supporting Amazon Web Services, Terremark, and Microsoft Windows Azure. The company was released only in 2010, with a financing of 15.4 million dollars in 2009. As a reference, Heroku before and after the financing of 13 million U.S. dollars, and finally salesforce to 212 million U.S. dollars acquisition.

Verizon bought a cloud platform service provider, Terremark, 1.4 billion dollars this January. Cloudswitch will enhance Terremark's software capabilities and overall competitiveness. The Cloudswitch team will report to Terremark president Kerry Bailey.

Under the trend of cloud computing, telecom operators have to compete with software and hardware manufacturers and internet manufacturers, and it can be foreseen that similar mergers and acquisitions of smaller software and internet companies will continue to occur.

(Responsible editor: Lu Guang)

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