Home › Verizon to acquire EdgeCast for USD 350 mln - report
 

Keywords :   


Verizon to acquire EdgeCast for USD 350 mln - report

2013-12-09 09:09:00| Telecompaper Headlines

(Telecompaper) Verizon is expected to announce the acquisition of CDN provider EdgeCast Networks in a few days, TechCrunch reported, citing sources. The deal could be work more than USD 350 million. Both EdgeCast and Verizon declined to comment on the matter. The deal is seen boosting revenues at Verizon's enterprise division, which would otherwise remain flat over the next year. The buy would also follow Verizon's acquisition of digital media streaming company upLynk a few weeks ago for a reported USD 75 million, as the carrier seeks to provide more ways to stream various types of content over its network.

Tags: report usd acquire verizon

Category:Telecommunications

Latest from this category

All news
»
23.09Hurricane John Graphics
23.09Hurricane John Forecast Discussion Number 5
23.09Hurricane John Wind Speed Probabilities Number 5
23.09Eastern North Pacific Tropical Weather Outlook
23.09Hurricane John Forecast Advisory Number 5
23.09Hurricane John Public Advisory Number 5
23.09Potential Tropical Cyclone Nine Public Advisory Number 1A
23.09Summary for Potential Tropical Cyclone Nine (AT4/AL092024)
More »