A leader such as Amazon, which sat with appropriate services (e.g. AWS or S3) in time standards in the cloud, is constantly under attack. Google entered the cloud business with Google Compute Engine and then Microsoft is aggressively highlighting its Azure cloud platform. A new cloud offering is now provided by the US telecom giant…

Verizon again made a milestone when it acquired CloudSwitch last month; this was following its earlier purchase in January of Terremark, a premier cloud storage provider. The latest acquisition of CloudSwitch is expected to boost the cloud enterprise value of Verizon. This is following the global trend from big mobile and smartphone providers like AT&T,…

CloudSwitch, a provider of cloud software technology, was acquired today by Verizon Communications Inc. for an undisclosed amount. CloudSwitch eliminates a key barrier to widespread cloud adoption by developing a software that facilitates the secure move of applications, or workloads, between company data centers and the cloud without changing the application or the infrastructure layer….