Verizon Acquires CloudSwitch for Cloud Migration Technology
Verizon announced the acquisition of cloud software developer CloudSwitch in a move designed to simplify cloud migrations and boost adoption. Intriguingly, the telecommunications giant plans to integrate CloudSwitch with Terremark, the cloud services provider whose acquisition kicked off Verizon’s 2011.
CloudSwitch’s value to Verizon is in its “breakthrough software that enables enterprises to more easily and securely move applications, or workloads, between company data centers and the cloud without changing the application or the infrastructure layer,” according to the press release. In other words, Verizon is looking to boost its hybrid cloud and cloud-to-cloud play.
A key part of the value proposition, Verizon said, is enterprises get tighter control around their cloud migrations, while also extending security to cloud applications and data. Moreover, administrators retain the same level of control over cloud applications as they would for on-premises.
John McEleney, CEO of CloudSwitch, praised the merger in a prepared statement:
“By joining Verizon, we will be able to deliver a solution that combines our software with the market-leading infrastructure cloud play. 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.”
Actual details on the acquisition are scant: We don’t know how much Verizon is paying for CloudSwitch, or when the deal officially closes (if it hasn’t already). Nor do we know whether Verizon will be keeping CloudSwitch’s existing employees and management team.
But what we do know is that with this acquisition, Verizon is investing in Terremark’s future, and by extension, the future of its cloud play. Will it give Verizon a competitive edge against its fellow A-list telecom competitors such as Time Warner, which acquired NaviSite for the same reasons? Stay tuned to TalkinCloud for more updates.