The Structure 50: The Top 50 Cloud Innovators
Verizon
Founded | 1980 |
---|---|
Investors | Public Company |
Structure50 Topic | Cloud Provider |
Description | Verizon purchased data center and enterprise cloud-host Terremark for $1.4 billion and laid claim to its role as a top cloud provider. |
GigaOM’s Take | Verizon’s move made sense, but so far it has spurred CenturyTel to announce a planned purchase of Savvis and helped send the stock prices for other hosting companies through the roof. |