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CloudSwitch Bought by Verizon as Wireless Giant Moves Into the Cloud

Some interesting news in the world of startups and big cloud providers today. Verizon Communications announced it has acquired CloudSwitch, a Burlington, MA-based software startup, for an undisclosed price. CloudSwitch will be combined with Verizon’s Terremark IT services division, the company said, as it tries to take a “step forward in defining the enterprise cloud.”

There are plenty of startups and then-established companies trying to solve this problem, which on the whole stands in the way of a lot of big companies moving their workloads to the Internet cloud.

New York-based Verizon is better known for its wireless network and broadband Internet services. However it has been making inroads in cloud computing lately and wants to own its fair share of the enterprise cloud—whatever that might end up looking like.

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More information: Xconomy