Verizon acquires content delivery system EdgeCast Networks

Verizon acquires content delivery system EdgeCast Networks
Verizon has quietly acquired CDN provider EdgeCast Networks for $350 million, gaining access to the company's roster of large clients.

EdgeCast provides CDN for major tech startups like Hulu, Twitter and Pinterest, among others.



Enterprise sales and growth has stagnated for Verizon, who expects EdgeCast to provide a new profitable revenue stream right out of the gate. Verizon recently acquired digital media streaming company UpLynk, as well, in their ongoing efforts to stream more content over their network.

Outside of standard CDN offerings, EdgeCast launched a CDN service for just e-commerce companies, and a DNS routing service.

EdgeCast has over 6000 clients.

Written by: Andre Yoskowitz @ 8 Dec 2013 9:55
Tags
Verizon EdgeCast
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  • 2 comments
  • JamesWill

    Verizon has positioned itself strategically to align all its businesses with industry trends and demand growth.

    William James

    10.12.2013 12:11 #1

  • ddp

    CDN usually means Canadian but that is an american based company out of california so what does CDN stand for in this context?

    10.12.2013 14:39 #2

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