Verizon Acquires CloudSwitch

Verizon today said that it has acquired CloudSwitch, a provider of cloud software technology that helps enterprises move applications or workloads between company data centers and the cloud more easily and securely.

Verizon plans to combine CloudSwitch with its Terremark IT services subsidiary. “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.”

 “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,” said John McEleney, CEO of CloudSwitch.

The terms of the deal were not disclosed.